Curran Financial Partners LLC Invests $641,000 in ARK Fintech Innovation ETF $ARKF

Curran Financial Partners LLC bought a new position in shares of ARK Fintech Innovation ETF (NYSEARCA:ARKF) in the third quarter, HoldingsChannel reports. The firm bought 11,281 shares of the company’s stock, valued at approximately $641,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. CWM LLC boosted its position in ARK Fintech Innovation ETF by 10.9% during the third quarter. CWM LLC now owns 56,814 shares of the company’s stock worth $3,227,000 after purchasing an additional 5,590 shares in the last quarter. Milestone Asset Management LLC purchased a new position in shares of ARK Fintech Innovation ETF during the 3rd quarter worth approximately $215,000. Matauro LLC acquired a new stake in ARK Fintech Innovation ETF during the 3rd quarter valued at $216,000. Archer Investment Management LLC purchased a new stake in ARK Fintech Innovation ETF during the 3rd quarter worth about $2,113,000. Finally, Corient Private Wealth LLC acquired a new stake in shares of ARK Fintech Innovation ETF during the 2nd quarter worth about $226,000.

ARK Fintech Innovation ETF Stock Performance

Shares of ARKF opened at $49.22 on Friday. ARK Fintech Innovation ETF has a 1 year low of $27.70 and a 1 year high of $59.20. The company’s 50 day simple moving average is $51.22 and its 200 day simple moving average is $52.35. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 36.31 and a beta of 1.94.

ARK Fintech Innovation ETF Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 26th will be given a dividend of $0.043 per share. This represents a yield of 9.0%. The ex-dividend date of this dividend is Friday, December 26th.

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.