ARK Next Generation Internation ETF (NYSEARCA:ARKW) Sees Strong Trading Volume

ARK Next Generation Internation ETF (NYSEARCA:ARKW) saw an uptick in trading volume on Thursday . 117,608 shares changed hands during trading, a decline of 55% from the previous session’s volume of 264,139 shares.The stock last traded at $74.30 and had previously closed at $74.41.

ARK Next Generation Internation ETF Stock Down 2.1 %

The stock’s fifty day simple moving average is $79.40 and its 200-day simple moving average is $70.29. The company has a market capitalization of $1.51 billion, a PE ratio of 69.80 and a beta of 1.55.

Institutional Trading of ARK Next Generation Internation ETF

Several large investors have recently bought and sold shares of the company. Brookstone Capital Management lifted its holdings in shares of ARK Next Generation Internation ETF by 3.5% in the first quarter. Brookstone Capital Management now owns 71,453 shares of the company’s stock valued at $5,952,000 after purchasing an additional 2,425 shares in the last quarter. Priebe Wealth Holdings LLC grew its holdings in ARK Next Generation Internation ETF by 0.7% during the 1st 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. 17 Capital Partners LLC purchased a new position in ARK Next Generation Internation ETF during the first quarter worth $225,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of ARK Next Generation Internation ETF by 15.9% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 4,419 shares of the company’s stock worth $335,000 after acquiring an additional 605 shares during the last quarter. Finally, Leo Wealth LLC acquired a new stake in shares of ARK Next Generation Internation ETF during the fourth quarter valued at $205,000.

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.