Private Advisor Group LLC Buys 14,988 Shares of ARK Web x.0 ETF (NYSEARCA:ARKW)

Private Advisor Group LLC lifted its stake in shares of ARK Web x.0 ETF (NYSEARCA:ARKW) by 46.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,935 shares of the company’s stock after acquiring an additional 14,988 shares during the quarter. Private Advisor Group LLC owned approximately 0.58% of ARK Web x.0 ETF worth $2,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of ARKW. Coastal Investment Advisors Inc. increased its holdings in ARK Web x.0 ETF by 220.3% in the second quarter. Coastal Investment Advisors Inc. now owns 2,197 shares of the company’s stock worth $114,000 after purchasing an additional 1,511 shares in the last quarter. DAVENPORT & Co LLC boosted its position in shares of ARK Web x.0 ETF by 13.9% during the second quarter. DAVENPORT & Co LLC now owns 13,925 shares of the company’s stock valued at $724,000 after buying an additional 1,700 shares during the last quarter. Raymond James & Associates boosted its position in shares of ARK Web x.0 ETF by 102.6% during the first quarter. Raymond James & Associates now owns 71,813 shares of the company’s stock valued at $3,721,000 after buying an additional 36,370 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in ARK Web x.0 ETF by 27.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 26,930 shares of the company’s stock worth $1,395,000 after purchasing an additional 5,802 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in ARK Web x.0 ETF by 8,488.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 23,531 shares of the company’s stock worth $1,219,000 after purchasing an additional 23,257 shares during the last quarter.

ARKW stock traded down $0.52 during midday trading on Friday, hitting $50.26. The company’s stock had a trading volume of 9,094 shares, compared to its average volume of 96,346. The stock’s 50-day moving average price is $50.05 and its 200 day moving average price is $51.38. ARK Web x.0 ETF has a 1 year low of $40.19 and a 1 year high of $58.74.

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Institutional Ownership by Quarter for ARK Web x.0 ETF (NYSEARCA:ARKW)

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