Kingsview Wealth Management LLC Has $5.51 Million Stock Position in ARK Fintech Innovation ETF $ARKF

Kingsview Wealth Management LLC raised its position in shares of ARK Fintech Innovation ETF (BATS:ARKF) by 1,453.0% in the 4th quarter, Holdings Channel reports. The firm owned 115,775 shares of the company’s stock after acquiring an additional 108,320 shares during the period. Kingsview Wealth Management LLC’s holdings in ARK Fintech Innovation ETF were worth $5,514,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. MBA Advisors LLC raised its position in ARK Fintech Innovation ETF by 3.0% during the fourth quarter. MBA Advisors LLC now owns 7,860 shares of the company’s stock valued at $374,000 after purchasing an additional 226 shares in the last quarter. Farther Finance Advisors LLC grew its position in ARK Fintech Innovation ETF by 14.7% in the fourth quarter. Farther Finance Advisors LLC now owns 3,378 shares of the company’s stock valued at $161,000 after acquiring an additional 434 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in ARK Fintech Innovation ETF by 5.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 10,103 shares of the company’s stock valued at $504,000 after acquiring an additional 518 shares during the last quarter. Sunbelt Securities Inc. bought a new position in ARK Fintech Innovation ETF in the third quarter valued at about $33,000. Finally, Elevated Capital Advisors LLC bought a new position in ARK Fintech Innovation ETF in the fourth quarter valued at about $30,000.

ARK Fintech Innovation ETF Stock Up 2.2%

ARK Fintech Innovation ETF stock opened at $43.10 on Friday. ARK Fintech Innovation ETF has a 12-month low of $35.82 and a 12-month high of $59.20. The business’s 50-day moving average price is $40.67 and its two-hundred day moving average price is $43.82. The stock has a market cap of $1.03 billion, a PE ratio of 36.31 and a beta of 1.89.

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 issued by ARK.