Bradley Foster & Sargent Inc. CT bought a new stake in ARK Next Generation Internet ETF (NYSEARCA:ARKW – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,058 shares of the company’s stock, valued at approximately $222,000.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Gradient Investments LLC boosted its holdings in ARK Next Generation Internet ETF by 22.3% in the 4th quarter. Gradient Investments LLC now owns 144,433 shares of the company’s stock valued at $15,596,000 after purchasing an additional 26,302 shares during the last quarter. Serenus Wealth Advisors LLC acquired a new position in ARK Next Generation Internet ETF in the 4th quarter valued at about $96,000. Private Advisor Group LLC boosted its holdings in ARK Next Generation Internet ETF by 3.8% in the 4th quarter. Private Advisor Group LLC now owns 28,177 shares of the company’s stock valued at $3,043,000 after purchasing an additional 1,027 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in ARK Next Generation Internet ETF by 16.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,583 shares of the company’s stock valued at $1,837,000 after purchasing an additional 3,055 shares during the last quarter. Finally, Strong Tower Advisory Services boosted its holdings in ARK Next Generation Internet ETF by 1.0% in the 4th quarter. Strong Tower Advisory Services now owns 16,012 shares of the company’s stock valued at $1,729,000 after purchasing an additional 163 shares during the last quarter.
ARK Next Generation Internet ETF Stock Performance
ARK Next Generation Internet ETF stock opened at $114.92 on Monday. The company’s 50 day simple moving average is $116.37 and its 200-day simple moving average is $99.26. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. ARK Next Generation Internet ETF has a 1 year low of $64.00 and a 1 year high of $126.12.
About ARK Next Generation Internet ETF
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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