ARK Next Generation Internation ETF (NYSEARCA:ARKW) Shares Sold by Echo Wealth Management LLC

Echo Wealth Management LLC decreased its holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 18.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,586 shares of the company’s stock after selling 588 shares during the quarter. Echo Wealth Management LLC’s holdings in ARK Next Generation Internation ETF were worth $221,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in ARK Next Generation Internation ETF by 7.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 186,057 shares of the company’s stock worth $14,518,000 after purchasing an additional 12,582 shares during the period. Priebe Wealth Holdings LLC raised its holdings in shares of ARK Next Generation Internation ETF by 0.7% during the first quarter. Priebe Wealth Holdings LLC now owns 154,267 shares of the company’s stock valued at $12,850,000 after buying an additional 1,089 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of ARK Next Generation Internation ETF by 6.2% during the first quarter. Commonwealth Equity Services LLC now owns 148,117 shares of the company’s stock valued at $12,338,000 after purchasing an additional 8,697 shares in the last quarter. Prudential PLC lifted its holdings in shares of ARK Next Generation Internation ETF by 38.5% in the second quarter. Prudential PLC now owns 132,350 shares of the company’s stock valued at $10,339,000 after buying an additional 36,800 shares during the period. Finally, Gradient Investments LLC grew its stake in shares of ARK Next Generation Internation ETF by 55.1% in the 2nd quarter. Gradient Investments LLC now owns 88,993 shares of the company’s stock worth $6,944,000 after purchasing an additional 31,625 shares during the last quarter.

ARK Next Generation Internation ETF Stock Performance

ARK Next Generation Internation ETF stock opened at $88.66 on Monday. The company has a 50 day moving average price of $81.39 and a 200 day moving average price of $78.80. The firm has a market capitalization of $1.81 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 $49.92 and a 52 week high of $88.83.

About ARK Next Generation Internation 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.