Realta Investment Advisors bought a new stake in ARK Next Generation Internet ETF (NYSEARCA:ARKW – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,318 shares of the company’s stock, valued at approximately $637,000.
Several other large investors have also recently bought and sold shares of ARKW. Wealth Enhancement Advisory Services LLC increased its holdings in ARK Next Generation Internet ETF by 59.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,177 shares of the company’s stock valued at $451,000 after buying an additional 1,558 shares during the last quarter. NBC Securities Inc. purchased a new position in ARK Next Generation Internet ETF in the first quarter valued at $38,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in ARK Next Generation Internet ETF in the first quarter valued at $213,000. DHK Financial Advisors Inc. purchased a new position in ARK Next Generation Internet ETF in the first quarter valued at $436,000. Finally, Opal Wealth Advisors LLC purchased a new position in ARK Next Generation Internet ETF in the first quarter valued at $65,000.
ARK Next Generation Internet ETF Stock Performance
Shares of ARKW stock opened at $176.36 on Friday. The stock’s 50-day moving average is $161.68 and its two-hundred day moving average is $134.70. The firm has a market cap of $2.61 billion, a price-to-earnings ratio of 45.71 and a beta of 1.55. ARK Next Generation Internet ETF has a 1 year low of $78.62 and a 1 year high of $178.49.
About ARK Next Generation Internet 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.
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