Larry Mathis Financial Planning LLC Takes $970,000 Position in ARK Fintech Innovation ETF $ARKF

Larry Mathis Financial Planning LLC purchased a new stake in ARK Fintech Innovation ETF (BATS:ARKF) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 20,371 shares of the company’s stock, valued at approximately $970,000. Larry Mathis Financial Planning LLC owned 0.09% of ARK Fintech Innovation ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. UBS Group AG raised its holdings in ARK Fintech Innovation ETF by 4.6% in the fourth quarter. UBS Group AG now owns 335,261 shares of the company’s stock worth $15,968,000 after purchasing an additional 14,896 shares during the period. Two Sigma Investments LP bought a new position in shares of ARK Fintech Innovation ETF during the third quarter worth $17,949,000. Clearwater Capital Advisors LLC grew its holdings in shares of ARK Fintech Innovation ETF by 0.3% in the 4th quarter. Clearwater Capital Advisors LLC now owns 226,495 shares of the company’s stock valued at $10,788,000 after buying an additional 632 shares during the period. Wells Fargo & Company MN grew its holdings in shares of ARK Fintech Innovation ETF by 31.3% in the 4th quarter. Wells Fargo & Company MN now owns 225,945 shares of the company’s stock valued at $10,762,000 after buying an additional 53,844 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of ARK Fintech Innovation ETF by 70.5% in the 4th quarter. Cetera Investment Advisers now owns 196,379 shares of the company’s stock valued at $9,354,000 after buying an additional 81,170 shares in the last quarter.

ARK Fintech Innovation ETF Stock Performance

Shares of ARK Fintech Innovation ETF stock opened at $40.03 on Friday. The company has a market capitalization of $960.72 million, a PE ratio of 36.31 and a beta of 1.89. ARK Fintech Innovation ETF has a 12 month low of $35.82 and a 12 month high of $59.20. The stock’s fifty day simple moving average is $41.08 and its 200 day simple moving average is $42.83.

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.