Crescent Grove Advisors LLC Takes $230,000 Position in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Crescent Grove Advisors LLC bought a new position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) during the 4th quarter, Holdings Channel.com reports. The firm bought 8,322 shares of the company’s stock, valued at approximately $230,000.

Other large investors have also recently added to or reduced their stakes in the company. Baystate Wealth Management LLC raised its holdings in shares of ARK Fintech Innovation ETF by 83.4% in the 3rd quarter. Baystate Wealth Management LLC now owns 1,282 shares of the company’s stock worth $25,000 after purchasing an additional 583 shares during the period. Elevated Capital Advisors LLC raised its holdings in shares of ARK Fintech Innovation ETF by 4.0% in the 3rd quarter. Elevated Capital Advisors LLC now owns 17,445 shares of the company’s stock worth $338,000 after purchasing an additional 669 shares during the period. Concourse Financial Group Securities Inc. raised its holdings in shares of ARK Fintech Innovation ETF by 81.9% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 1,532 shares of the company’s stock worth $30,000 after purchasing an additional 690 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of ARK Fintech Innovation ETF by 53.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,344 shares of the company’s stock worth $49,000 after purchasing an additional 820 shares during the period. Finally, Allworth Financial LP grew its stake in shares of ARK Fintech Innovation ETF by 82.2% in the third quarter. Allworth Financial LP now owns 1,924 shares of the company’s stock valued at $37,000 after buying an additional 868 shares in the last quarter.

ARK Fintech Innovation ETF Price Performance

Shares of ARKF stock traded down $0.13 during trading hours on Tuesday, reaching $27.33. The company had a trading volume of 291,661 shares, compared to its average volume of 571,125. ARK Fintech Innovation ETF has a twelve month low of $16.93 and a twelve month high of $30.99. The stock’s fifty day simple moving average is $28.82 and its 200 day simple moving average is $25.13.

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.