Turner Financial Group Inc. Invests $425,000 in ARK Fintech Innovation ETF $ARKF

Turner Financial Group Inc. bought a new stake in ARK Fintech Innovation ETF (BATS:ARKF) in the 2nd quarter, Holdings Channel reports. The fund bought 10,772 shares of the company’s stock, valued at approximately $425,000.

A number of other large investors have also added to or reduced their stakes in the company. UBS Group AG boosted its position in ARK Fintech Innovation ETF by 4.6% in the 4th quarter. UBS Group AG now owns 335,261 shares of the company’s stock valued at $15,968,000 after buying an additional 14,896 shares during the last quarter. Two Sigma Investments LP purchased a new position in ARK Fintech Innovation ETF in the third quarter valued at about $17,949,000. Clearwater Capital Advisors LLC grew its stake in ARK Fintech Innovation ETF by 8.5% during the 1st quarter. Clearwater Capital Advisors LLC now owns 245,638 shares of the company’s stock valued at $9,337,000 after purchasing an additional 19,143 shares in the last quarter. Wells Fargo & Company MN increased its holdings in ARK Fintech Innovation ETF by 31.3% during the 4th quarter. Wells Fargo & Company MN now owns 225,945 shares of the company’s stock worth $10,762,000 after purchasing an additional 53,844 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in ARK Fintech Innovation ETF by 70.5% during the 4th quarter. Cetera Investment Advisers now owns 196,379 shares of the company’s stock worth $9,354,000 after purchasing an additional 81,170 shares during the last quarter.

ARK Fintech Innovation ETF Stock Down 1.1%

Shares of ARKF opened at $47.10 on Friday. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 36.31 and a beta of 1.89. The business’s 50 day moving average is $42.63 and its two-hundred day moving average is $41.04. ARK Fintech Innovation ETF has a 52-week low of $35.82 and a 52-week high of $59.20.

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 issued by ARK.