Truist Financial Corp Has $1.07 Million Stock Holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Truist Financial Corp lowered its position in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,689 shares of the company’s stock after selling 242 shares during the quarter. Truist Financial Corp owned approximately 0.07% of ARK Next Generation Internation ETF worth $1,068,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in ARKW. Dynamic Advisor Solutions LLC grew its stake in ARK Next Generation Internation ETF by 6.4% during the second quarter. Dynamic Advisor Solutions LLC now owns 2,707 shares of the company’s stock worth $211,000 after buying an additional 164 shares during the last quarter. Echo Wealth Management LLC raised its position in ARK Next Generation Internation ETF by 6.7% in the 2nd quarter. Echo Wealth Management LLC now owns 3,174 shares of the company’s stock valued at $248,000 after purchasing an additional 200 shares during the last quarter. Manchester Capital Management LLC raised its position in ARK Next Generation Internation ETF by 49.6% in the 1st quarter. Manchester Capital Management LLC now owns 621 shares of the company’s stock valued at $52,000 after purchasing an additional 206 shares during the last quarter. International Assets Investment Management LLC boosted its stake in ARK Next Generation Internation ETF by 7.0% in the second quarter. International Assets Investment Management LLC now owns 4,150 shares of the company’s stock worth $324,000 after purchasing an additional 270 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of ARK Next Generation Internation ETF by 9.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,668 shares of the company’s stock worth $286,000 after purchasing an additional 309 shares during the last quarter.

ARK Next Generation Internation ETF Stock Up 0.9 %

ARK Next Generation Internation ETF stock opened at $86.11 on Monday. The stock has a 50-day simple moving average of $79.74 and a 200 day simple moving average of $78.61. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a 12-month low of $49.92 and a 12-month high of $86.42.

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.