Waldron Private Wealth LLC Purchases New Shares in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Waldron Private Wealth LLC acquired a new position in ARK Next Generation Internation ETF (NYSEARCA:ARKW) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,540 shares of the company’s stock, valued at approximately $216,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Paladin Wealth LLC acquired a new stake in shares of ARK Next Generation Internation ETF during the third quarter worth approximately $51,000. Manchester Capital Management LLC boosted its stake in ARK Next Generation Internation ETF by 49.6% during the 1st quarter. Manchester Capital Management LLC now owns 621 shares of the company’s stock valued at $52,000 after acquiring an additional 206 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in ARK Next Generation Internation ETF during the 2nd quarter worth $53,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of ARK Next Generation Internation ETF in the 2nd quarter worth about $88,000. Finally, Brown Financial Advisors acquired a new stake in shares of ARK Next Generation Internation ETF in the 2nd quarter valued at about $108,000.

ARK Next Generation Internation ETF Stock Performance

NYSEARCA:ARKW opened at $85.40 on Thursday. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a one year low of $49.92 and a one year high of $88.83. The stock has a 50-day simple moving average of $82.12 and a 200 day simple moving average of $78.96.

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.