Gerber LLC Sells 924 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Gerber LLC decreased its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 0.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 97,558 shares of the company’s stock after selling 924 shares during the quarter. ARK Fintech Innovation ETF accounts for approximately 2.6% of Gerber LLC’s investment portfolio, making the stock its 11th biggest holding. Gerber LLC owned 0.27% of ARK Fintech Innovation ETF worth $3,615,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Flow Traders U.S. LLC bought a new position in ARK Fintech Innovation ETF in the 3rd quarter valued at $7,416,000. Raymond James Financial Inc. bought a new stake in shares of ARK Fintech Innovation ETF during the 4th quarter worth $3,378,000. Stratos Wealth Partners LTD. lifted its holdings in shares of ARK Fintech Innovation ETF by 190.4% during the 4th quarter. Stratos Wealth Partners LTD. now owns 69,445 shares of the company’s stock worth $2,573,000 after acquiring an additional 45,529 shares during the last quarter. Nwam LLC bought a new stake in ARK Fintech Innovation ETF in the third quarter worth $1,641,000. Finally, Synergy Asset Management LLC bought a new stake in ARK Fintech Innovation ETF in the fourth quarter worth $1,873,000.

ARK Fintech Innovation ETF Stock Up 2.6 %

ARK Fintech Innovation ETF stock opened at $34.41 on Thursday. The company has a market capitalization of $949.72 million, a PE ratio of 41.35 and a beta of 1.73. The firm has a fifty day simple moving average of $39.61 and a two-hundred day simple moving average of $35.69. ARK Fintech Innovation ETF has a twelve month low of $22.85 and a twelve month high of $44.72.

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.