Ameritas Advisory Services LLC boosted its holdings in shares of ARK Next Generation Internet ETF (BATS:ARKW – Free Report) by 2,196.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,464 shares of the company’s stock after purchasing an additional 7,139 shares during the period. Ameritas Advisory Services LLC’s holdings in ARK Next Generation Internet ETF were worth $1,103,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Quadrature Capital Ltd bought a new stake in shares of ARK Next Generation Internet ETF in the 3rd quarter worth $22,627,000. Serenus Wealth Advisors LLC purchased a new position in shares of ARK Next Generation Internet ETF in the third quarter worth $16,831,000. UBS Group AG raised its stake in shares of ARK Next Generation Internet ETF by 168.4% in the third quarter. UBS Group AG now owns 107,671 shares of the company’s stock worth $18,800,000 after purchasing an additional 67,550 shares during the last quarter. Anfield Capital Management LLC raised its stake in shares of ARK Next Generation Internet ETF by 124.1% in the fourth quarter. Anfield Capital Management LLC now owns 95,116 shares of the company’s stock worth $14,051,000 after purchasing an additional 52,672 shares during the last quarter. Finally, Horizon Wealth Management LLC purchased a new position in shares of ARK Next Generation Internet ETF in the third quarter worth $5,372,000.
ARK Next Generation Internet ETF Price Performance
ARKW stock opened at $147.65 on Friday. ARK Next Generation Internet ETF has a 1-year low of $113.36 and a 1-year high of $183.00. The business has a fifty day moving average price of $131.59 and a 200-day moving average price of $141.99. The stock has a market capitalization of $2.10 billion, a P/E ratio of 45.71 and a beta of 1.89.
ARK Next Generation Internet ETF Company 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. ARKW was launched on Sep 30, 2014 and is issued by ARK.
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