Beta Wealth Group Inc. Purchases 4,539 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Beta Wealth Group Inc. grew its position in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 13.7% in the third quarter, Holdings Channel.com reports. The fund owned 37,692 shares of the company’s stock after buying an additional 4,539 shares during the period. Beta Wealth Group Inc.’s holdings in ARK Fintech Innovation ETF were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Creative Planning raised its stake in shares of ARK Fintech Innovation ETF by 2.6% in the second quarter. Creative Planning now owns 23,070 shares of the company’s stock valued at $643,000 after purchasing an additional 578 shares in the last quarter. Nwam LLC raised its stake in shares of ARK Fintech Innovation ETF by 1.4% in the 1st quarter. Nwam LLC now owns 54,407 shares of the company’s stock valued at $1,650,000 after buying an additional 776 shares in the last quarter. CWM LLC lifted its holdings in shares of ARK Fintech Innovation ETF by 1.9% during the 2nd quarter. CWM LLC now owns 45,122 shares of the company’s stock worth $1,257,000 after acquiring an additional 845 shares during the period. Insight Advisors LLC PA boosted its position in shares of ARK Fintech Innovation ETF by 8.3% during the 2nd quarter. Insight Advisors LLC PA now owns 15,938 shares of the company’s stock valued at $444,000 after acquiring an additional 1,223 shares in the last quarter. Finally, Capital Performance Advisors LLP acquired a new stake in shares of ARK Fintech Innovation ETF during the 3rd quarter valued at about $48,000.

ARK Fintech Innovation ETF Stock Up 2.0 %

NYSEARCA:ARKF opened at $34.91 on Friday. The firm has a market capitalization of $1.26 billion, a PE ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a 12-month low of $20.08 and a 12-month high of $34.92. The firm has a 50-day moving average price of $30.08 and a 200 day moving average price of $28.45.

ARK Fintech Innovation ETF Company Profile

The ARK Fintech Innovation ETF (ARKF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of stocks related to financial technology innovation. ARKF was launched on Feb 4, 2019 and is managed by ARK.