Osaic Holdings Inc. Purchases 17,298 Shares of ARK Fintech Innovation ETF $ARKF

Osaic Holdings Inc. raised its position in ARK Fintech Innovation ETF (NYSEARCA:ARKFFree Report) by 34.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 67,877 shares of the company’s stock after buying an additional 17,298 shares during the period. Osaic Holdings Inc.’s holdings in ARK Fintech Innovation ETF were worth $3,410,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC bought a new position in ARK Fintech Innovation ETF in the 2nd quarter valued at $11,771,000. Financial Life Planners acquired a new stake in shares of ARK Fintech Innovation ETF in the second quarter valued at $1,911,000. Synergy Asset Management LLC bought a new position in shares of ARK Fintech Innovation ETF in the second quarter valued at about $1,625,000. TRUE Private Wealth Advisors acquired a new position in ARK Fintech Innovation ETF during the 2nd quarter worth about $1,478,000. Finally, BLVD Private Wealth LLC bought a new stake in ARK Fintech Innovation ETF during the 2nd quarter worth about $1,320,000.

ARK Fintech Innovation ETF Trading Up 0.2%

ARKF opened at $49.22 on Friday. ARK Fintech Innovation ETF has a 1-year low of $27.70 and a 1-year high of $59.20. The stock has a market capitalization of $1.12 billion, a PE ratio of 36.31 and a beta of 1.94. The firm has a 50-day moving average price of $51.22 and a two-hundred day moving average price of $52.35.

ARK Fintech Innovation ETF Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be issued a $0.043 dividend. The ex-dividend date of this dividend is Friday, December 26th. This represents a dividend yield of 9.0%.

ARK Fintech Innovation ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ARK Fintech Innovation ETF (NYSEARCA:ARKF)

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