Stratos Wealth Partners LTD. Boosts Stock Position in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Stratos Wealth Partners LTD. grew its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 190.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,445 shares of the company’s stock after buying an additional 45,529 shares during the period. Stratos Wealth Partners LTD.’s holdings in ARK Fintech Innovation ETF were worth $2,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of ARK Fintech Innovation ETF during the 3rd quarter worth about $28,000. Capital Performance Advisors LLP purchased a new position in ARK Fintech Innovation ETF in the third quarter valued at approximately $48,000. MBA Advisors LLC acquired a new stake in ARK Fintech Innovation ETF during the third quarter worth approximately $202,000. Janney Montgomery Scott LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the 4th quarter worth approximately $203,000. Finally, Tyler Stone Wealth Management boosted its holdings in shares of ARK Fintech Innovation ETF by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 7,120 shares of the company’s stock valued at $212,000 after buying an additional 3,560 shares in the last quarter.

ARK Fintech Innovation ETF Price Performance

Shares of NYSEARCA:ARKF opened at $42.03 on Friday. ARK Fintech Innovation ETF has a 12 month low of $22.85 and a 12 month high of $42.72. The firm has a market capitalization of $1.52 billion, a P/E ratio of 61.35 and a beta of 2.03. The company’s fifty day moving average price is $39.54 and its 200 day moving average price is $33.56.

ARK Fintech Innovation ETF 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.