Steward Partners Investment Advisory LLC Sells 510 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

June 9, 2024

17 2 minutes read

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Steward Partners Investment Advisory LLC trimmed its holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF – Free Report) by 4.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,739 shares of the company’s stock after selling 510 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in ARK Fintech Innovation ETF were worth $296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in ARKF. International Assets Investment Management LLC bought a new stake in ARK Fintech Innovation ETF in the 4th quarter valued at about $85,990,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of ARK Fintech Innovation ETF during the third quarter valued at approximately $334,000. Raymond James & Associates raised its position in shares of ARK Fintech Innovation ETF by 3.2% during the fourth quarter. Raymond James & Associates now owns 100,955 shares of the company’s stock worth $2,784,000 after purchasing an additional 3,150 shares during the period. Banque Pictet & Cie SA bought a new position in shares of ARK Fintech Innovation ETF in the 3rd quarter worth $318,000. Finally, Sowell Financial Services LLC acquired a new stake in ARK Fintech Innovation ETF in the 4th quarter valued at $1,171,000.

ARK Fintech Innovation ETF Trading Down 1.4 %

Shares of ARKF stock opened at $27.39 on Friday. ARK Fintech Innovation ETF has a 12 month low of $17.37 and a 12 month high of $30.99. The firm has a market capitalization of $991.52 million, a PE ratio of 61.35 and a beta of 2.03. The firm has a fifty day simple moving average of $27.88 and a two-hundred day simple moving average of $27.27.

About ARK Fintech Innovation ETF

(Free Report)

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.