Clearwater Capital Advisors LLC raised its holdings in shares of ARK Fintech Innovation ETF (BATS:ARKF – Free Report) by 8.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 245,638 shares of the company’s stock after buying an additional 19,143 shares during the quarter. ARK Fintech Innovation ETF comprises 0.8% of Clearwater Capital Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Clearwater Capital Advisors LLC owned approximately 1.02% of ARK Fintech Innovation ETF worth $9,337,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Elevated Capital Advisors LLC bought a new position in ARK Fintech Innovation ETF during the fourth quarter worth $30,000. Sunbelt Securities Inc. acquired a new position in ARK Fintech Innovation ETF during the 3rd quarter valued at $33,000. Darwin Wealth Management LLC bought a new stake in ARK Fintech Innovation ETF in the 2nd quarter valued at $41,000. AlphaCore Capital LLC bought a new stake in ARK Fintech Innovation ETF in the 4th quarter valued at $43,000. Finally, Wealth Watch Advisors INC bought a new stake in ARK Fintech Innovation ETF in the 3rd quarter valued at $48,000.
ARK Fintech Innovation ETF Price Performance
BATS ARKF opened at $40.78 on Thursday. The company’s fifty day moving average is $40.55 and its two-hundred day moving average is $41.40. ARK Fintech Innovation ETF has a 52-week low of $35.82 and a 52-week high of $59.20. The firm has a market capitalization of $978.72 million, a price-to-earnings ratio of 36.31 and a beta of 1.89.
About ARK Fintech Innovation ETF
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.
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