Renaissance Technologies LLC decreased its holdings in ARK Next Generation Internet ETF (BATS:ARKW – Free Report) by 41.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 5,300 shares of the company’s stock after selling 3,800 shares during the period. Renaissance Technologies LLC’s holdings in ARK Next Generation Internet ETF were worth $639,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of ARKW. Hilton Head Capital Partners LLC grew its stake in ARK Next Generation Internet ETF by 213.7% during the first quarter. Hilton Head Capital Partners LLC now owns 298 shares of the company’s stock worth $36,000 after buying an additional 203 shares during the period. Headlands Technologies LLC purchased a new position in shares of ARK Next Generation Internet ETF in the 2nd quarter valued at $46,000. Wealth Watch Advisors INC purchased a new position in shares of ARK Next Generation Internet ETF in the 3rd quarter valued at $48,000. Cassaday & Co Wealth Management LLC acquired a new position in shares of ARK Next Generation Internet ETF during the 1st quarter valued at $61,000. Finally, Simplex Trading LLC acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $91,000.
ARK Next Generation Internet ETF Stock Performance
Shares of ARK Next Generation Internet ETF stock opened at $152.35 on Monday. The company has a fifty day moving average price of $143.90 and a 200 day moving average price of $137.00. ARK Next Generation Internet ETF has a twelve month low of $113.36 and a twelve month high of $183.00. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 45.71 and a beta of 1.89.
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. ARKW was launched on Sep 30, 2014 and is issued by ARK.
Featured Stories
- Five stocks we like better than ARK Next Generation Internet ETF
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Want to see what other hedge funds are holding ARKW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Next Generation Internet ETF (BATS:ARKW – Free Report).
Receive News & Ratings for ARK Next Generation Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Next Generation Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.
