RMR Wealth Builders Has $443,000 Stock Position in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

RMR Wealth Builders lowered its stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 12.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,078 shares of the company’s stock after selling 2,208 shares during the quarter. RMR Wealth Builders’ holdings in ARK Fintech Innovation ETF were worth $443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ARKF. International Assets Investment Management LLC purchased a new stake in shares of ARK Fintech Innovation ETF during the 4th quarter worth about $85,990,000. Price Capital Management Inc. acquired a new stake in ARK Fintech Innovation ETF in the fourth quarter valued at approximately $7,109,000. KFG Wealth Management LLC bought a new stake in ARK Fintech Innovation ETF in the fourth quarter worth approximately $4,374,000. Kingsview Wealth Management LLC acquired a new position in shares of ARK Fintech Innovation ETF during the 3rd quarter worth $1,234,000. Finally, Sowell Financial Services LLC bought a new position in shares of ARK Fintech Innovation ETF during the 4th quarter valued at $1,171,000.

ARK Fintech Innovation ETF Trading Down 1.8 %

ARK Fintech Innovation ETF stock traded down $0.50 during mid-day trading on Wednesday, hitting $27.69. 360,920 shares of the company’s stock were exchanged, compared to its average volume of 553,014. ARK Fintech Innovation ETF has a 1-year low of $17.37 and a 1-year high of $30.99. The stock has a 50 day moving average of $28.81 and a two-hundred day moving average of $26.10. The stock has a market cap of $1.00 billion, a P/E ratio of 61.35 and a beta of 2.03.

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 managed by ARK.