Cetera Investment Advisers Sells 26,629 Shares of ARK Fintech Innovation ETF $ARKF

Cetera Investment Advisers decreased its holdings in ARK Fintech Innovation ETF (BATS:ARKF) by 13.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,750 shares of the company’s stock after selling 26,629 shares during the period. Cetera Investment Advisers’ holdings in ARK Fintech Innovation ETF were worth $6,452,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Elevated Capital Advisors LLC bought a new position in ARK Fintech Innovation ETF in the 4th quarter worth approximately $30,000. Sunbelt Securities Inc. bought a new stake in ARK Fintech Innovation ETF during the 3rd quarter valued at $33,000. Darwin Wealth Management LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the second quarter worth $41,000. AlphaCore Capital LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the fourth quarter worth $43,000. Finally, Wealth Watch Advisors INC bought a new position in shares of ARK Fintech Innovation ETF in the third quarter worth $48,000.

ARK Fintech Innovation ETF Stock Down 2.1%

Shares of ARKF opened at $39.65 on Friday. ARK Fintech Innovation ETF has a twelve month low of $35.82 and a twelve month high of $59.20. The stock has a market cap of $951.60 million, a PE ratio of 36.31 and a beta of 1.89. The business’s 50-day moving average price is $40.43 and its 200-day moving average price is $41.01.

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 issued by ARK.