ARK Next Generation Internation ETF (NYSEARCA:ARKW) Holdings Trimmed by Relyea Zuckerberg Hanson LLC

Relyea Zuckerberg Hanson LLC cut its holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 9.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 59,564 shares of the company’s stock after selling 6,573 shares during the quarter. ARK Next Generation Internation ETF accounts for about 0.9% of Relyea Zuckerberg Hanson LLC’s portfolio, making the stock its 25th biggest position. Relyea Zuckerberg Hanson LLC’s holdings in ARK Next Generation Internation ETF were worth $6,432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Paladin Wealth LLC purchased a new stake in shares of ARK Next Generation Internation ETF during the third quarter valued at $51,000. Strategic Investment Solutions Inc. IL purchased a new stake in ARK Next Generation Internation ETF during the second quarter valued at about $88,000. Brown Financial Advisors acquired a new position in shares of ARK Next Generation Internation ETF in the second quarter worth about $108,000. Fairscale Capital LLC acquired a new stake in shares of ARK Next Generation Internation ETF during the second quarter valued at approximately $177,000. Finally, Waldron Private Wealth LLC purchased a new position in ARK Next Generation Internation ETF during the 3rd quarter valued at about $216,000.

ARK Next Generation Internation ETF Stock Performance

Shares of ARK Next Generation Internation ETF stock traded up $2.32 during midday trading on Friday, reaching $115.83. 12,129 shares of the company’s stock traded hands, compared to its average volume of 140,576. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a 52 week low of $64.00 and a 52 week high of $120.39. The company’s 50 day simple moving average is $110.33 and its 200 day simple moving average is $91.54.

ARK Next Generation Internation 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.