Cubist Systematic Strategies LLC Acquires 1,408 Shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Cubist Systematic Strategies LLC increased its holdings in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 18.3% during the second quarter, Holdings Channel.com reports. The fund owned 9,092 shares of the company’s stock after purchasing an additional 1,408 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in ARK Next Generation Internation ETF were worth $709,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Scarborough Advisors LLC acquired a new position in shares of ARK Next Generation Internation ETF during the 4th quarter worth approximately $38,000. Centaurus Financial Inc. raised its holdings in ARK Next Generation Internation ETF by 7.3% in the 4th quarter. Centaurus Financial Inc. now owns 4,554 shares of the company’s stock valued at $346,000 after acquiring an additional 311 shares in the last quarter. Leo Wealth LLC acquired a new stake in shares of ARK Next Generation Internation ETF during the 4th quarter worth $205,000. B. Riley Wealth Advisors Inc. raised its stake in ARK Next Generation Internation ETF by 15.9% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 4,419 shares of the company’s stock valued at $335,000 after purchasing an additional 605 shares in the last quarter. Finally, 17 Capital Partners LLC bought a new stake in ARK Next Generation Internation ETF during the first quarter worth about $225,000.

ARK Next Generation Internation ETF Trading Up 0.9 %

NYSEARCA ARKW opened at $86.11 on Friday. ARK Next Generation Internation ETF has a 1 year low of $49.92 and a 1 year high of $86.42. The firm has a market capitalization of $1.76 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. The firm’s 50 day simple moving average is $79.48 and its 200 day simple moving average is $78.65.

About ARK Next Generation Internation ETF

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.