Cwm LLC Purchases 1,357 Shares of ARK Fintech Innovation ETF $ARKF

Cwm LLC grew its position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 2.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,224 shares of the company’s stock after buying an additional 1,357 shares during the quarter. Cwm LLC’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).

Several other hedge funds and other institutional investors have also recently modified their holdings of ARKF. Kingstone Capital Partners Texas LLC bought a new position in shares of ARK Fintech Innovation ETF during the 2nd quarter valued at $11,771,000. LPL Financial LLC increased its stake in shares of ARK Fintech Innovation ETF by 16.9% in the 1st quarter. LPL Financial LLC now owns 1,007,131 shares of the company’s stock worth $33,497,000 after purchasing an additional 145,900 shares in the last quarter. Commonwealth Financial Services LLC purchased a new stake in shares of ARK Fintech Innovation ETF in the 1st quarter worth $3,391,000. Synergy Asset Management LLC purchased a new stake in shares of ARK Fintech Innovation ETF in the 2nd quarter worth $1,625,000. Finally, Arkadios Wealth Advisors purchased a new stake in shares of ARK Fintech Innovation ETF in the 1st quarter worth $569,000.

ARK Fintech Innovation ETF Price Performance

NYSEARCA:ARKF opened at $54.51 on Friday. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 36.31 and a beta of 1.50. ARK Fintech Innovation ETF has a one year low of $27.70 and a one year high of $59.20. The business has a fifty day moving average price of $55.16 and a 200-day moving average price of $47.47.

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.