4,548 Shares in ARK Fintech Innovation ETF $ARKF Acquired by Midwest Financial Group LLC

Midwest Financial Group LLC acquired a new stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,548 shares of the company’s stock, valued at approximately $228,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ARKF. von Borstel & Associates Inc. acquired a new stake in shares of ARK Fintech Innovation ETF during the 1st quarter valued at $33,000. Copia Wealth Management raised its holdings in shares of ARK Fintech Innovation ETF by 33.1% during the first quarter. Copia Wealth Management now owns 1,559 shares of the company’s stock worth $52,000 after acquiring an additional 388 shares in the last quarter. Golden State Wealth Management LLC boosted its position in ARK Fintech Innovation ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 1,814 shares of the company’s stock valued at $60,000 after purchasing an additional 907 shares during the last quarter. NBC Securities Inc. grew its stake in ARK Fintech Innovation ETF by 99,900.0% in the first quarter. NBC Securities Inc. now owns 2,000 shares of the company’s stock valued at $66,000 after purchasing an additional 1,998 shares in the last quarter. Finally, MGB Wealth Management LLC purchased a new position in ARK Fintech Innovation ETF in the first quarter valued at about $115,000.

ARK Fintech Innovation ETF Price Performance

ARKF opened at $56.80 on Wednesday. ARK Fintech Innovation ETF has a fifty-two week low of $27.70 and a fifty-two week high of $58.35. The business has a 50-day moving average of $54.30 and a 200-day moving average of $45.52. The company has a market capitalization of $1.45 billion, a PE ratio of 36.31 and a beta of 1.50.

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.