ARK Next Generation Internet ETF (NYSEARCA:ARKW) Shares Sold by Insight Advisors LLC PA

Insight Advisors LLC PA decreased its holdings in shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 4.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,138 shares of the company’s stock after selling 204 shares during the quarter. Insight Advisors LLC PA’s holdings in ARK Next Generation Internet ETF were worth $454,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ARKW. Gradient Investments LLC grew its stake in shares of ARK Next Generation Internet ETF by 22.3% in the fourth quarter. Gradient Investments LLC now owns 144,433 shares of the company’s stock valued at $15,596,000 after buying an additional 26,302 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of ARK Next Generation Internet ETF in the third quarter valued at $923,000. Wealth Management Partners LLC grew its stake in shares of ARK Next Generation Internet ETF by 52.2% in the fourth quarter. Wealth Management Partners LLC now owns 15,052 shares of the company’s stock valued at $1,625,000 after buying an additional 5,164 shares in the last quarter. EMC Capital Management grew its stake in shares of ARK Next Generation Internet ETF by 1,282.4% in the fourth quarter. EMC Capital Management now owns 4,935 shares of the company’s stock valued at $533,000 after buying an additional 4,578 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of ARK Next Generation Internet ETF in the fourth quarter valued at $475,000.

ARK Next Generation Internet ETF Trading Up 0.1 %

Shares of NYSEARCA ARKW opened at $121.63 on Thursday. ARK Next Generation Internet ETF has a twelve month low of $64.00 and a twelve month high of $123.64. The stock has a fifty day simple moving average of $114.19 and a 200-day simple moving average of $95.28. The stock has a market capitalization of $2.48 billion, a PE ratio of 64.77 and a beta of 2.04.

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.