White Knight Strategic Wealth Advisors LLC Purchases 5,211 Shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW)

White Knight Strategic Wealth Advisors LLC raised its position in shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 72.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,428 shares of the company’s stock after purchasing an additional 5,211 shares during the period. White Knight Strategic Wealth Advisors LLC owned approximately 0.06% of ARK Next Generation Internet ETF worth $1,342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. National Bank of Canada FI bought a new position in shares of ARK Next Generation Internet ETF in the 4th quarter valued at $30,000. Tower Research Capital LLC TRC grew its position in ARK Next Generation Internet ETF by 39.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 298 shares of the company’s stock valued at $32,000 after acquiring an additional 84 shares during the last quarter. BOKF NA acquired a new position in ARK Next Generation Internet ETF during the fourth quarter worth about $37,000. EverSource Wealth Advisors LLC raised its stake in ARK Next Generation Internet ETF by 1,454.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 373 shares of the company’s stock worth $40,000 after acquiring an additional 349 shares in the last quarter. Finally, Crews Bank & Trust bought a new position in shares of ARK Next Generation Internet ETF in the fourth quarter worth about $43,000.

ARK Next Generation Internet ETF Trading Down 0.2%

ARKW opened at $119.66 on Tuesday. The company has a market cap of $1.74 billion, a P/E ratio of 30.89 and a beta of 1.89. The company’s 50 day moving average is $99.31 and its 200-day moving average is $107.21. ARK Next Generation Internet ETF has a 1-year low of $64.00 and a 1-year high of $126.12.

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.