Nwam LLC Takes Position in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Nwam LLC acquired a new position in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,105 shares of the company’s stock, valued at approximately $349,000.

Other large investors have also added to or reduced their stakes in the company. Paladin Wealth LLC purchased a new stake in ARK Next Generation Internation ETF during the third quarter worth about $51,000. Opal Wealth Advisors LLC purchased a new stake in ARK Next Generation Internation ETF during the second quarter worth about $53,000. Strategic Investment Solutions Inc. IL purchased a new stake in ARK Next Generation Internation ETF during the second quarter worth about $88,000. Brown Financial Advisors purchased a new stake in ARK Next Generation Internation ETF during the second quarter worth about $108,000. Finally, Fairscale Capital LLC purchased a new stake in ARK Next Generation Internation ETF during the second quarter worth about $177,000.

ARK Next Generation Internation ETF Stock Performance

NYSEARCA ARKW opened at $108.34 on Monday. ARK Next Generation Internation ETF has a 52-week low of $63.29 and a 52-week high of $108.65. The company has a 50-day simple moving average of $90.43 and a 200 day simple moving average of $82.16. The company has a market capitalization of $2.21 billion, a PE ratio of 64.77 and a beta of 2.04.

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.