Kingsview Wealth Management LLC Acquires 108,320 Shares of ARK Fintech Innovation ETF $ARKF

Kingsview Wealth Management LLC increased its holdings in shares of ARK Fintech Innovation ETF (BATS:ARKF) by 1,453.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,775 shares of the company’s stock after acquiring an additional 108,320 shares during the quarter. Kingsview Wealth Management LLC owned about 0.52% of ARK Fintech Innovation ETF worth $5,514,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ARKF. Sunbelt Securities Inc. acquired a new stake in ARK Fintech Innovation ETF during the third quarter worth approximately $33,000. Elevated Capital Advisors LLC acquired a new stake in ARK Fintech Innovation ETF during the fourth quarter worth approximately $30,000. Darwin Wealth Management LLC acquired a new stake in ARK Fintech Innovation ETF during the second quarter worth approximately $41,000. Wealth Watch Advisors INC acquired a new stake in ARK Fintech Innovation ETF during the third quarter worth approximately $48,000. Finally, AlphaCore Capital LLC acquired a new stake in ARK Fintech Innovation ETF during the fourth quarter worth approximately $43,000.

ARK Fintech Innovation ETF Stock Up 2.2%

ARKF opened at $43.10 on Friday. ARK Fintech Innovation ETF has a twelve month low of $35.82 and a twelve month high of $59.20. The company has a 50-day simple moving average of $40.67 and a 200 day simple moving average of $43.82. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 36.31 and a beta of 1.89.

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 issued by ARK.