Strong Tower Advisory Services Buys 163 Shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Strong Tower Advisory Services boosted its stake in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,012 shares of the company’s stock after purchasing an additional 163 shares during the period. Strong Tower Advisory Services owned approximately 0.08% of ARK Next Generation Internation ETF worth $1,729,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ARKW. Mercer Global Advisors Inc. ADV boosted its holdings in shares of ARK Next Generation Internation ETF by 1,467.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 8,791 shares of the company’s stock worth $683,000 after buying an additional 8,230 shares during the last quarter. Fairscale Capital LLC bought a new position in ARK Next Generation Internation ETF in the 2nd quarter worth $177,000. Cubist Systematic Strategies LLC increased its position in ARK Next Generation Internation ETF by 18.3% in the second quarter. Cubist Systematic Strategies LLC now owns 9,092 shares of the company’s stock worth $709,000 after buying an additional 1,408 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings 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 valued at $14,518,000 after purchasing an additional 12,582 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL bought a new position in shares of ARK Next Generation Internation ETF in the second quarter worth approximately $88,000.

ARK Next Generation Internation ETF Price Performance

Shares of ARKW opened at $115.58 on Monday. ARK Next Generation Internation ETF has a 1 year low of $64.00 and a 1 year high of $120.39. The company has a 50 day simple moving average of $110.99 and a two-hundred day simple moving average of $92.12. The firm has a market cap of $2.36 billion, a P/E 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.