Ignite Planners LLC Buys Shares of 4,550 ARK Fintech Innovation ETF $ARKF

Ignite Planners LLC bought a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,550 shares of the company’s stock, valued at approximately $249,000.

Several other large investors have also recently bought and sold shares of the company. LPL Financial LLC increased its stake in ARK Fintech Innovation ETF by 16.9% in the first quarter. LPL Financial LLC now owns 1,007,131 shares of the company’s stock valued at $33,497,000 after purchasing an additional 145,900 shares in the last quarter. Clearwater Capital Advisors LLC increased its stake in ARK Fintech Innovation ETF by 2.0% in the first quarter. Clearwater Capital Advisors LLC now owns 263,957 shares of the company’s stock valued at $8,779,000 after purchasing an additional 5,095 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in ARK Fintech Innovation ETF in the second quarter valued at approximately $11,771,000. Cetera Investment Advisers increased its stake in ARK Fintech Innovation ETF by 10.1% in the first quarter. Cetera Investment Advisers now owns 127,479 shares of the company’s stock valued at $4,240,000 after purchasing an additional 11,713 shares in the last quarter. Finally, Commonwealth Financial Services LLC bought a new stake in ARK Fintech Innovation ETF in the first quarter valued at approximately $3,391,000.

ARK Fintech Innovation ETF Stock Performance

NYSEARCA ARKF opened at $58.82 on Thursday. The business has a 50 day simple moving average of $54.78 and a 200 day simple moving average of $46.39. ARK Fintech Innovation ETF has a 52-week low of $27.70 and a 52-week high of $59.03. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 36.31 and a beta of 1.50.

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.