Eq LLC Buys New Holdings in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Eq LLC bought a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,564 shares of the company’s stock, valued at approximately $255,000.

A number of other large investors have also modified their holdings of ARKF. Granite Bay Wealth Management LLC grew its position in ARK Fintech Innovation ETF by 2,966.5% in the second quarter. Granite Bay Wealth Management LLC now owns 422,262 shares of the company’s stock valued at $11,844,000 after acquiring an additional 408,492 shares during the period. Jane Street Group LLC grew its position in ARK Fintech Innovation ETF by 764.0% in the first quarter. Jane Street Group LLC now owns 460,977 shares of the company’s stock valued at $13,981,000 after acquiring an additional 407,625 shares during the period. Mercer Global Advisors Inc. ADV grew its position in ARK Fintech Innovation ETF by 7,942.1% in the second quarter. Mercer Global Advisors Inc. ADV now owns 252,443 shares of the company’s stock valued at $7,033,000 after acquiring an additional 249,304 shares during the period. Flow Traders U.S. LLC bought a new stake in ARK Fintech Innovation ETF in the first quarter valued at $3,674,000. Finally, Cetera Investment Advisers grew its position in ARK Fintech Innovation ETF by 833.5% in the first quarter. Cetera Investment Advisers now owns 121,722 shares of the company’s stock valued at $3,692,000 after acquiring an additional 108,683 shares during the period.

ARK Fintech Innovation ETF Price Performance

Shares of NYSEARCA:ARKF opened at $37.00 on Monday. The business’s fifty day moving average price is $31.09 and its two-hundred day moving average price is $28.80. ARK Fintech Innovation ETF has a fifty-two week low of $21.20 and a fifty-two week high of $38.70. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 61.35 and a beta of 2.03.

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 managed by ARK.