Clearstead Trust LLC Increases Holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Clearstead Trust LLC lifted its position in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 33.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,998 shares of the company’s stock after buying an additional 1,013 shares during the period. Clearstead Trust LLC’s holdings in ARK Next Generation Internation ETF were worth $303,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ARKW. International Assets Investment Management LLC purchased a new position in ARK Next Generation Internation ETF in the 4th quarter worth approximately $309,080,000. Priebe Wealth Holdings LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 4th quarter worth approximately $11,626,000. Price Capital Management Inc. bought a new stake in shares of ARK Next Generation Internation ETF in the 4th quarter worth approximately $10,876,000. Raymond James & Associates grew its position in shares of ARK Next Generation Internation ETF by 103.5% in the 4th quarter. Raymond James & Associates now owns 81,293 shares of the company’s stock worth $6,170,000 after buying an additional 41,338 shares during the last quarter. Finally, Pathstone Family Office LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 3rd quarter worth approximately $1,598,000.

ARK Next Generation Internation ETF Trading Up 0.5 %

Shares of ARKW stock traded up $0.39 during trading hours on Friday, reaching $76.74. The company’s stock had a trading volume of 184,925 shares, compared to its average volume of 259,869. The stock has a market capitalization of $1.57 billion, a P/E ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a one year low of $46.10 and a one year high of $85.00. The firm’s fifty day simple moving average is $79.35 and its 200 day simple moving average is $72.05.

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.