Financial Advocates Investment Management Boosts Stake in ARK Fintech Innovation ETF (NYSEARCA:ARKF)

Financial Advocates Investment Management boosted its position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKFGet Rating) by 46.9% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 54,300 shares of the company’s stock after acquiring an additional 17,339 shares during the quarter. Financial Advocates Investment Management owned 0.10% of ARK Fintech Innovation ETF worth $841,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Wealth Alliance LLC bought a new position in ARK Fintech Innovation ETF during the second quarter valued at approximately $26,000. Meeder Asset Management Inc. acquired a new stake in shares of ARK Fintech Innovation ETF in the 1st quarter worth $28,000. Glassman Wealth Services acquired a new stake in shares of ARK Fintech Innovation ETF in the 2nd quarter worth $50,000. Northwestern Mutual Wealth Management Co. lifted its position in ARK Fintech Innovation ETF by 829.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,056 shares of the company’s stock worth $79,000 after acquiring an additional 4,512 shares during the period. Finally, SeaCrest Wealth Management LLC acquired a new stake in ARK Fintech Innovation ETF during the 2nd quarter worth about $164,000.

ARK Fintech Innovation ETF Trading Up 3.1 %

NYSEARCA ARKF opened at $15.74 on Thursday. The stock has a 50-day simple moving average of $15.93 and a two-hundred day simple moving average of $17.12. ARK Fintech Innovation ETF has a fifty-two week low of $14.08 and a fifty-two week high of $48.27.

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Institutional Ownership by Quarter for ARK Fintech Innovation ETF (NYSEARCA:ARKF)

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