Twin Focus Capital Partners LLC Invests $1.26 Million in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

June 17, 2024

12 2 minutes read

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Twin Focus Capital Partners LLC purchased a new position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 45,700 shares of the company’s stock, valued at approximately $1,260,000. Twin Focus Capital Partners LLC owned about 0.10% of ARK Fintech Innovation ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ARKF. Barclays PLC grew its holdings in ARK Fintech Innovation ETF by 66.5% during the third quarter. Barclays PLC now owns 2,606 shares of the company’s stock worth $50,000 after acquiring an additional 1,041 shares during the period. Pathstone Family Office LLC acquired a new position in ARK Fintech Innovation ETF during the third quarter worth $484,000. HighTower Advisors LLC grew its holdings in ARK Fintech Innovation ETF by 72.3% during the third quarter. HighTower Advisors LLC now owns 46,723 shares of the company’s stock worth $900,000 after acquiring an additional 19,613 shares during the period. Prudential PLC grew its holdings in ARK Fintech Innovation ETF by 0.5% during the third quarter. Prudential PLC now owns 215,110 shares of the company’s stock worth $4,119,000 after acquiring an additional 1,110 shares during the period. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in ARK Fintech Innovation ETF in the third quarter valued at $334,000.

ARK Fintech Innovation ETF Stock Performance

ARK Fintech Innovation ETF stock opened at $27.58 on Monday. The firm has a market capitalization of $998.40 million, a price-to-earnings ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a fifty-two week low of $17.37 and a fifty-two week high of $30.99. The stock’s fifty day moving average is $27.70 and its two-hundred day moving average is $27.47.

ARK Fintech Innovation ETF Profile

(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.