Midwest Financial Partners Investments Inc. Buys Shares of 184,931 ARK Fintech Innovation ETF $ARKF

Midwest Financial Partners Investments Inc. bought a new stake in ARK Fintech Innovation ETF (BATS:ARKF) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 184,931 shares of the company’s stock, valued at approximately $8,808,000. ARK Fintech Innovation ETF makes up approximately 4.9% of Midwest Financial Partners Investments Inc.’s investment portfolio, making the stock its 7th biggest holding. Midwest Financial Partners Investments Inc. owned approximately 0.83% of ARK Fintech Innovation ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ARKF. Goldman Sachs Group Inc. purchased a new position in ARK Fintech Innovation ETF in the first quarter valued at about $248,000. Cresset Asset Management LLC purchased a new position in ARK Fintech Innovation ETF in the second quarter valued at about $260,000. Qube Research & Technologies Ltd increased its stake in shares of ARK Fintech Innovation ETF by 1.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 63,657 shares of the company’s stock worth $3,198,000 after purchasing an additional 1,068 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of ARK Fintech Innovation ETF by 7,760.0% during the 2nd quarter. NewEdge Advisors LLC now owns 15,720 shares of the company’s stock worth $790,000 after purchasing an additional 15,520 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of ARK Fintech Innovation ETF during the 2nd quarter worth $41,000.

ARK Fintech Innovation ETF Stock Up 0.4%

Shares of ARKF opened at $41.29 on Friday. The company’s fifty day moving average is $40.57 and its 200-day moving average is $44.28. ARK Fintech Innovation ETF has a 12 month low of $35.82 and a 12 month high of $59.20. The firm has a market cap of $990.96 million, a price-to-earnings ratio of 36.31 and a beta of 1.89.

About ARK Fintech Innovation ETF

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 issued by ARK.