Clearstead Trust LLC Acquires 1,013 Shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Clearstead Trust LLC lifted its holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 33.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,998 shares of the company’s stock after purchasing an additional 1,013 shares during the period. Clearstead Trust LLC’s holdings in ARK Next Generation Internation ETF were worth $303,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. First Horizon Advisors Inc. increased its stake in ARK Next Generation Internation ETF by 12.2% during the fourth quarter. First Horizon Advisors Inc. now owns 1,754 shares of the company’s stock valued at $133,000 after acquiring an additional 191 shares during the period. Allworth Financial LP grew its stake in shares of ARK Next Generation Internation ETF by 17.0% in the 3rd quarter. Allworth Financial LP now owns 2,047 shares of the company’s stock valued at $111,000 after purchasing an additional 298 shares during the period. Private Advisor Group LLC grew its stake in shares of ARK Next Generation Internation ETF by 1.1% in the 3rd quarter. Private Advisor Group LLC now owns 29,518 shares of the company’s stock valued at $1,599,000 after purchasing an additional 333 shares during the period. SG Americas Securities LLC grew its stake in shares of ARK Next Generation Internation ETF by 13.4% in the 3rd quarter. SG Americas Securities LLC now owns 3,003 shares of the company’s stock valued at $163,000 after purchasing an additional 355 shares during the period. Finally, Naples Money Management LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 4th quarter valued at approximately $38,000.

ARK Next Generation Internation ETF Stock Performance

Shares of ARKW stock traded up $0.39 during trading hours on Friday, hitting $76.74. The company had a trading volume of 184,925 shares, compared to its average volume of 259,869. ARK Next Generation Internation ETF has a 12 month low of $46.10 and a 12 month high of $85.00. The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. The firm’s fifty day moving average is $79.35 and its 200 day moving average is $72.05.

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.