Golden State Wealth Management LLC Purchases Shares of 907 ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Golden State Wealth Management LLC acquired a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 907 shares of the company’s stock, valued at approximately $34,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in shares of ARK Fintech Innovation ETF in the third quarter worth about $28,000. Capital Performance Advisors LLP purchased a new position in shares of ARK Fintech Innovation ETF during the third quarter valued at approximately $48,000. Janney Montgomery Scott LLC bought a new position in shares of ARK Fintech Innovation ETF during the fourth quarter valued at approximately $203,000. Choreo LLC purchased a new stake in ARK Fintech Innovation ETF in the fourth quarter worth $221,000. Finally, Perigon Wealth Management LLC bought a new stake in ARK Fintech Innovation ETF in the fourth quarter valued at $240,000.

ARK Fintech Innovation ETF Trading Down 1.3 %

Shares of NYSEARCA ARKF opened at $42.06 on Wednesday. The firm has a fifty day simple moving average of $39.66 and a two-hundred day simple moving average of $33.84. ARK Fintech Innovation ETF has a 12 month low of $22.85 and a 12 month high of $42.81. The firm has a market capitalization of $1.52 billion, a PE ratio of 61.35 and a beta of 2.03.

ARK Fintech Innovation ETF 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.