Wealth Enhancement Advisory Services LLC Has $223,000 Holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Wealth Enhancement Advisory Services LLC decreased its holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 28.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,619 shares of the company’s stock after selling 1,049 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in ARK Next Generation Internation ETF were worth $223,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in ARK Next Generation Internation ETF by 7.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 186,057 shares of the company’s stock worth $14,518,000 after acquiring an additional 12,582 shares in the last quarter. Prudential PLC lifted its position in ARK Next Generation Internation ETF by 38.5% in the 2nd quarter. Prudential PLC now owns 132,350 shares of the company’s stock valued at $10,339,000 after acquiring an additional 36,800 shares in the last quarter. Gradient Investments LLC grew its holdings in ARK Next Generation Internation ETF by 55.1% during the second quarter. Gradient Investments LLC now owns 88,993 shares of the company’s stock worth $6,944,000 after buying an additional 31,625 shares in the last quarter. Cetera Investment Advisers grew 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 in the last quarter. Finally, Verus Capital Partners LLC increased its stake in ARK Next Generation Internation ETF by 4.5% in the 2nd quarter. Verus Capital Partners LLC now owns 35,392 shares of the company’s stock valued at $2,762,000 after buying an additional 1,535 shares during the last quarter.

ARK Next Generation Internation ETF Price Performance

Shares of ARKW opened at $104.75 on Tuesday. The firm’s 50 day simple moving average is $84.92 and its 200 day simple moving average is $80.12. The company has a market capitalization of $2.14 billion, a P/E ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a 1-year low of $57.90 and a 1-year high of $104.98.

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.