Atria Wealth Solutions Inc. cut its stake in shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW – Free Report) by 51.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 3,709 shares of the company’s stock after selling 3,973 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in ARK Next Generation Internet ETF were worth $548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also recently made changes to their positions in ARKW. MGB Wealth Management LLC acquired a new position in ARK Next Generation Internet ETF during the first quarter valued at $28,000. Banque Transatlantique SA acquired a new position in ARK Next Generation Internet ETF during the first quarter valued at $73,000. Global Trust Asset Management LLC acquired a new position in ARK Next Generation Internet ETF during the second quarter valued at $105,000. James J. Burns & Company LLC acquired a new position in ARK Next Generation Internet ETF during the second quarter valued at $230,000. Finally, Ignite Planners LLC acquired a new position in ARK Next Generation Internet ETF during the second quarter valued at $246,000.
ARK Next Generation Internet ETF Price Performance
NYSEARCA ARKW opened at $170.33 on Monday. The company has a market capitalization of $2.44 billion, a PE ratio of 45.71 and a beta of 1.55. The company has a fifty day moving average of $165.56 and a 200 day moving average of $140.29. ARK Next Generation Internet ETF has a 1 year low of $78.62 and a 1 year high of $183.00.
ARK Next Generation Internet ETF Profile
The ARK Next Generation Internet ETF (ARKW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund with a broad mandate to invest in companies its managers have identified as benefiting from an infrastructure shift away from hardware and software toward cloud and mobile.
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