NBC Securities Inc. Sells 250 Shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW)

NBC Securities Inc. trimmed its stake in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 38.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 406 shares of the company’s stock after selling 250 shares during the period. NBC Securities Inc.’s holdings in ARK Next Generation Internation ETF were worth $33,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC bought a new position in shares of ARK Next Generation Internation ETF in the fourth quarter valued at approximately $309,080,000. Prudential PLC raised its holdings in ARK Next Generation Internation ETF by 131.7% in the 4th quarter. Prudential PLC now owns 280,250 shares of the company’s stock worth $21,271,000 after acquiring an additional 159,300 shares during the period. Priebe Wealth Holdings LLC acquired a new position in ARK Next Generation Internation ETF during the 4th quarter worth $11,626,000. Price Capital Management Inc. bought a new stake in ARK Next Generation Internation ETF during the fourth quarter valued at about $10,876,000. Finally, Raymond James & Associates grew its position in shares of ARK Next Generation Internation ETF by 103.5% in the fourth quarter. Raymond James & Associates now owns 81,293 shares of the company’s stock valued at $6,170,000 after purchasing an additional 41,338 shares during the last quarter.

ARK Next Generation Internation ETF Stock Performance

NYSEARCA ARKW opened at $75.20 on Tuesday. The stock has a 50-day simple moving average of $76.40 and a 200 day simple moving average of $76.30. ARK Next Generation Internation ETF has a twelve month low of $49.92 and a twelve month high of $85.00. The stock has a market capitalization of $1.53 billion, a PE ratio of 64.77 and a beta of 2.04.

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.