ARK Next Generation Internation ETF (NYSEARCA:ARKW) Stock Position Trimmed by EMC Capital Management

EMC Capital Management decreased its position in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 92.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 357 shares of the company’s stock after selling 4,578 shares during the period. EMC Capital Management’s holdings in ARK Next Generation Internation ETF were worth $30,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in shares of ARK Next Generation Internation ETF during the first quarter valued at $334,000. Manchester Capital Management LLC increased its stake in ARK Next Generation Internation ETF by 49.6% during the 1st quarter. Manchester Capital Management LLC now owns 621 shares of the company’s stock valued at $52,000 after buying an additional 206 shares during the period. Verus Capital Partners LLC raised its position in shares of ARK Next Generation Internation ETF by 2.1% during the 1st quarter. Verus Capital Partners LLC now owns 33,857 shares of the company’s stock worth $2,820,000 after buying an additional 703 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of ARK Next Generation Internation ETF by 12.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 18,329 shares of the company’s stock worth $1,527,000 after acquiring an additional 2,045 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of ARK Next Generation Internation ETF by 691.7% in the 1st quarter. Cetera Investment Advisers now owns 66,001 shares of the company’s stock worth $5,498,000 after acquiring an additional 57,664 shares during the period.

ARK Next Generation Internation ETF Price Performance

NYSEARCA ARKW opened at $87.28 on Friday. ARK Next Generation Internation ETF has a 12 month low of $54.46 and a 12 month high of $91.55. The firm has a market capitalization of $1.78 billion, a PE ratio of 64.77 and a beta of 2.04. The company’s 50 day simple moving average is $83.48 and its 200 day simple moving average is $79.39.

ARK Next Generation Internation ETF Company 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.