Strong Tower Advisory Services Purchases 163 Shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Strong Tower Advisory Services grew its holdings in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,012 shares of the company’s stock after buying an additional 163 shares during the quarter. Strong Tower Advisory Services’ holdings in ARK Next Generation Internation ETF were worth $1,729,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Paladin Wealth LLC purchased a new position in ARK Next Generation Internation ETF during the 3rd quarter worth $51,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ARK Next Generation Internation ETF during the second quarter worth $88,000. Brown Financial Advisors purchased a new position in ARK Next Generation Internation ETF during the 2nd quarter worth $108,000. Fairscale Capital LLC purchased a new stake in ARK Next Generation Internation ETF in the second quarter valued at about $177,000. Finally, Waldron Private Wealth LLC purchased a new stake in ARK Next Generation Internation ETF during the 3rd quarter worth approximately $216,000.

ARK Next Generation Internation ETF Stock Up 1.8 %

ARK Next Generation Internation ETF stock opened at $115.58 on Monday. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. The stock has a 50-day moving average price of $110.99 and a 200 day moving average price of $92.12. ARK Next Generation Internation ETF has a 52 week low of $64.00 and a 52 week high of $120.39.

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.