Atria Investments Inc Reduces Position in ARK Next Generation Internet ETF (NYSEARCA:ARKW)

Atria Investments Inc decreased its position in shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 13.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,426 shares of the company’s stock after selling 1,414 shares during the quarter. Atria Investments Inc’s holdings in ARK Next Generation Internet ETF were worth $1,018,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Crews Bank & Trust acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at about $43,000. Serenus Wealth Advisors LLC acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at about $96,000. Whipplewood Advisors LLC acquired a new position in ARK Next Generation Internet ETF in the fourth quarter valued at about $128,000. Eagle Wealth Strategies LLC acquired a new position in ARK Next Generation Internet ETF in the fourth quarter valued at about $202,000. Finally, Brown Financial Advisors acquired a new position in ARK Next Generation Internet ETF in the fourth quarter valued at about $202,000.

ARK Next Generation Internet ETF Price Performance

NYSEARCA ARKW opened at $96.23 on Thursday. The firm’s 50-day moving average is $113.74 and its two-hundred day moving average is $101.67. ARK Next Generation Internet ETF has a 12 month low of $64.00 and a 12 month high of $126.12. The stock has a market capitalization of $1.53 billion, a P/E ratio of 45.69 and a beta of 1.73.

ARK Next Generation Internet 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.