ARK Next Generation Internation ETF (NYSEARCA:ARKW) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its stake in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 31.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 439 shares of the company’s stock after selling 205 shares during the period. Farther Finance Advisors LLC’s holdings in ARK Next Generation Internation ETF were worth $37,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Clear Harbor Asset Management LLC raised its holdings in ARK Next Generation Internation ETF by 4.6% during the third quarter. Clear Harbor Asset Management LLC now owns 3,587 shares of the company’s stock worth $305,000 after purchasing an additional 159 shares during the last quarter. Allworth Financial LP raised its stake in shares of ARK Next Generation Internation ETF by 2.1% during the 3rd quarter. Allworth Financial LP now owns 5,871 shares of the company’s stock worth $500,000 after buying an additional 121 shares during the last quarter. Waldron Private Wealth LLC purchased a new stake in shares of ARK Next Generation Internation ETF in the 3rd quarter worth about $216,000. Paladin Wealth LLC acquired a new stake in ARK Next Generation Internation ETF in the 3rd quarter valued at about $51,000. Finally, Smith Anglin Financial LLC increased its holdings in ARK Next Generation Internation ETF by 1.2% during the 3rd quarter. Smith Anglin Financial LLC now owns 19,383 shares of the company’s stock valued at $1,650,000 after acquiring an additional 227 shares in the last quarter.

ARK Next Generation Internation ETF Stock Performance

ARKW stock opened at $102.49 on Friday. The stock’s 50 day moving average price is $86.57 and its 200 day moving average price is $80.70. The firm has a market cap of $2.09 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 $60.65 and a 1 year high of $107.74.

ARK Next Generation Internation ETF 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.