UBS Group AG Grows Position in ARK Fintech Innovation ETF $ARKF

UBS Group AG boosted its stake in shares of ARK Fintech Innovation ETF (BATS:ARKF) by 4.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 335,261 shares of the company’s stock after purchasing an additional 14,896 shares during the period. UBS Group AG owned approximately 1.47% of ARK Fintech Innovation ETF worth $15,968,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Two Sigma Investments LP purchased a new stake in shares of ARK Fintech Innovation ETF in the 3rd quarter valued at $17,949,000. Raymond James Financial Inc. lifted its stake in shares of ARK Fintech Innovation ETF by 41.0% in the 3rd quarter. Raymond James Financial Inc. now owns 150,055 shares of the company’s stock valued at $8,523,000 after purchasing an additional 43,668 shares during the period. Quadrature Capital Ltd acquired a new position in shares of ARK Fintech Innovation ETF in the 3rd quarter valued at $7,541,000. Titleist Asset Management LLC lifted its stake in shares of ARK Fintech Innovation ETF by 1.5% in the 3rd quarter. Titleist Asset Management LLC now owns 105,053 shares of the company’s stock valued at $5,967,000 after purchasing an additional 1,599 shares during the period. Finally, Qube Research & Technologies Ltd lifted its stake in shares of ARK Fintech Innovation ETF by 46.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 93,435 shares of the company’s stock valued at $5,307,000 after purchasing an additional 29,778 shares during the period.

ARK Fintech Innovation ETF Stock Performance

BATS:ARKF opened at $41.29 on Thursday. The company has a fifty day moving average of $40.57 and a two-hundred day moving average of $44.96. The stock has a market capitalization of $990.96 million, a PE ratio of 36.31 and a beta of 1.89. ARK Fintech Innovation ETF has a fifty-two week low of $35.82 and a fifty-two week high of $59.20.

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.