20,371 Shares in ARK Fintech Innovation ETF $ARKF Purchased by Larry Mathis Financial Planning LLC

Larry Mathis Financial Planning LLC purchased a new stake in ARK Fintech Innovation ETF (BATS:ARKF) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 20,371 shares of the company’s stock, valued at approximately $970,000.

Several other institutional investors have also recently made changes to their positions in the stock. Elevated Capital Advisors LLC acquired a new position in shares of ARK Fintech Innovation ETF during the 4th quarter worth approximately $30,000. Sunbelt Securities Inc. acquired a new stake in shares of ARK Fintech Innovation ETF in the 3rd quarter valued at approximately $33,000. Darwin Wealth Management LLC acquired a new stake in shares of ARK Fintech Innovation ETF in the 2nd quarter valued at approximately $41,000. AlphaCore Capital LLC bought a new position in shares of ARK Fintech Innovation ETF in the fourth quarter valued at $43,000. Finally, Wealth Watch Advisors INC bought a new position in shares of ARK Fintech Innovation ETF in the third quarter valued at $48,000.

ARK Fintech Innovation ETF Stock Performance

Shares of ARKF opened at $40.03 on Friday. The company’s fifty day simple moving average is $41.08 and its 200 day simple moving average is $42.83. ARK Fintech Innovation ETF has a 1-year low of $35.82 and a 1-year high of $59.20. The company has a market cap of $960.72 million, a price-to-earnings ratio of 36.31 and a beta of 1.89.

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 issued by ARK.