ARK Next Generation Internation ETF (NYSEARCA:ARKW) Shares Purchased by Lam Group Inc.

Lam Group Inc. boosted its position in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 835.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,040 shares of the company’s stock after acquiring an additional 2,715 shares during the period. Lam Group Inc.’s holdings in ARK Next Generation Internation ETF were worth $328,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new position in shares of ARK Next Generation Internation ETF during the 2nd quarter worth approximately $1,294,000. Northwestern Mutual Wealth Management Co. raised its position in ARK Next Generation Internation ETF by 7.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 186,057 shares of the company’s stock worth $14,518,000 after acquiring an additional 12,582 shares during the period. Atria Investments Inc purchased a new position in ARK Next Generation Internation ETF during the third quarter valued at $923,000. Mercer Global Advisors Inc. ADV grew its position in shares of ARK Next Generation Internation ETF by 1,467.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 8,791 shares of the company’s stock valued at $683,000 after purchasing an additional 8,230 shares during the period. Finally, Wealth Management Partners LLC increased its stake in shares of ARK Next Generation Internation ETF by 52.2% during the fourth quarter. Wealth Management Partners LLC now owns 15,052 shares of the company’s stock worth $1,625,000 after purchasing an additional 5,164 shares in the last quarter.

ARK Next Generation Internation ETF Stock Up 1.8 %

ARKW opened at $115.58 on Tuesday. ARK Next Generation Internation ETF has a twelve month low of $64.00 and a twelve month high of $120.39. The company has a market cap of $2.36 billion, a PE ratio of 64.77 and a beta of 2.04. The company has a 50-day moving average price of $110.99 and a 200 day moving average price of $92.12.

ARK Next Generation Internation ETF 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.