ARK Next Generation Internation ETF (NYSEARCA:ARKW) Shares Sold by Relyea Zuckerberg Hanson LLC

Relyea Zuckerberg Hanson LLC lessened its stake in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 9.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 59,564 shares of the company’s stock after selling 6,573 shares during the quarter. ARK Next Generation Internation ETF makes up approximately 0.9% of Relyea Zuckerberg Hanson LLC’s holdings, making the stock its 25th biggest holding. Relyea Zuckerberg Hanson LLC owned about 0.29% of ARK Next Generation Internation ETF worth $6,432,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV lifted its holdings in ARK Next Generation Internation ETF by 1,467.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 8,791 shares of the company’s stock worth $683,000 after acquiring an additional 8,230 shares during the last quarter. Fairscale Capital LLC bought a new position in ARK Next Generation Internation ETF during the 2nd quarter worth $177,000. Cubist Systematic Strategies LLC grew its stake in ARK Next Generation Internation ETF by 18.3% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 9,092 shares of the company’s stock worth $709,000 after buying an additional 1,408 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in ARK Next Generation Internation ETF by 7.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 186,057 shares of the company’s stock valued at $14,518,000 after buying an additional 12,582 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of ARK Next Generation Internation ETF during the second quarter valued at $88,000.

ARK Next Generation Internation ETF Stock Performance

Shares of NYSEARCA:ARKW traded up $2.32 on Friday, hitting $115.83. The company’s stock had a trading volume of 12,129 shares, compared to its average volume of 140,576. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. The stock’s 50-day moving average is $110.33 and its two-hundred day moving average is $91.54. ARK Next Generation Internation ETF has a 12 month low of $64.00 and a 12 month high of $120.39.

ARK Next Generation Internation 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.