Crescent Grove Advisors LLC Sells 970 Shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Crescent Grove Advisors LLC lowered its holdings in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) by 11.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,352 shares of the company’s stock after selling 970 shares during the quarter. Crescent Grove Advisors LLC’s holdings in ARK Fintech Innovation ETF were worth $272,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of ARKF. Creative Planning raised its stake in shares of ARK Fintech Innovation ETF by 2.6% in the second quarter. Creative Planning now owns 23,070 shares of the company’s stock valued at $643,000 after acquiring an additional 578 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of ARK Fintech Innovation ETF in the third quarter valued at $28,000. Capital Performance Advisors LLP purchased a new position in ARK Fintech Innovation ETF in the 3rd quarter worth about $48,000. United Asset Strategies Inc. increased its stake in ARK Fintech Innovation ETF by 5.6% in the 3rd quarter. United Asset Strategies Inc. now owns 34,356 shares of the company’s stock worth $1,024,000 after buying an additional 1,837 shares during the period. Finally, Tyler Stone Wealth Management increased its stake in ARK Fintech Innovation ETF by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 7,120 shares of the company’s stock worth $212,000 after buying an additional 3,560 shares during the period.

ARK Fintech Innovation ETF Price Performance

ARKF stock opened at $40.99 on Monday. The company has a market capitalization of $1.48 billion, a PE ratio of 61.35 and a beta of 2.03. ARK Fintech Innovation ETF has a 12 month low of $22.85 and a 12 month high of $41.71. The firm’s 50-day moving average is $39.02 and its 200 day moving average is $32.81.

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.