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

Echo Wealth Management LLC lowered its stake in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 10.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,310 shares of the company’s stock after selling 276 shares during the quarter. Echo Wealth Management LLC’s holdings in ARK Next Generation Internation ETF were worth $249,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ARKW. Gradient Investments LLC boosted its holdings in shares of ARK Next Generation Internation ETF by 22.3% in the 4th quarter. Gradient Investments LLC now owns 144,433 shares of the company’s stock valued at $15,596,000 after purchasing an additional 26,302 shares during the last quarter. Eagle Wealth Strategies LLC purchased a new stake in ARK Next Generation Internation ETF during the fourth quarter valued at about $202,000. Lam Group Inc. increased its stake in ARK Next Generation Internation ETF by 835.4% during the fourth quarter. Lam Group Inc. now owns 3,040 shares of the company’s stock worth $328,000 after acquiring an additional 2,715 shares during the last quarter. Strong Tower Advisory Services increased its stake in ARK Next Generation Internation ETF by 1.0% during the fourth quarter. Strong Tower Advisory Services now owns 16,012 shares of the company’s stock worth $1,729,000 after acquiring an additional 163 shares during the last quarter. Finally, Wealth Management Partners LLC lifted its stake in shares of ARK Next Generation Internation ETF by 52.2% in the 4th quarter. Wealth Management Partners LLC now owns 15,052 shares of the company’s stock valued at $1,625,000 after purchasing an additional 5,164 shares in the last quarter.

ARK Next Generation Internation ETF Stock Performance

ARKW opened at $118.81 on Friday. ARK Next Generation Internation ETF has a 1 year low of $64.00 and a 1 year high of $120.42. The firm has a 50 day moving average price of $112.36 and a 200 day moving average price of $93.25. The company has a market cap of $2.42 billion, a PE ratio of 64.77 and a beta of 2.04.

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.