Priebe Wealth Holdings LLC Sells 14,827 Shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Priebe Wealth Holdings LLC reduced its holdings in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 9.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 135,074 shares of the company’s stock after selling 14,827 shares during the quarter. ARK Next Generation Internation ETF makes up 9.9% of Priebe Wealth Holdings LLC’s investment portfolio, making the stock its 2nd biggest holding. Priebe Wealth Holdings LLC’s holdings in ARK Next Generation Internation ETF were worth $14,585,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ARKW. Allworth Financial LP raised its stake in ARK Next Generation Internation ETF by 2.1% during the 3rd quarter. Allworth Financial LP now owns 5,871 shares of the company’s stock worth $500,000 after acquiring an additional 121 shares in the last quarter. Clear Harbor Asset Management LLC grew its holdings in shares of ARK Next Generation Internation ETF by 4.6% during the third quarter. Clear Harbor Asset Management LLC now owns 3,587 shares of the company’s stock worth $305,000 after purchasing an additional 159 shares during the last quarter. Strong Tower Advisory Services increased its position in shares of ARK Next Generation Internation ETF by 1.0% during the fourth quarter. Strong Tower Advisory Services now owns 16,012 shares of the company’s stock worth $1,729,000 after purchasing an additional 163 shares in the last quarter. Smith Anglin Financial LLC lifted its holdings in shares of ARK Next Generation Internation ETF by 1.2% in the 3rd quarter. Smith Anglin Financial LLC now owns 19,383 shares of the company’s stock valued at $1,650,000 after purchasing an additional 227 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of ARK Next Generation Internation ETF by 2.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 14,745 shares of the company’s stock valued at $1,255,000 after purchasing an additional 314 shares during the period.

ARK Next Generation Internation ETF Stock Up 1.8 %

NYSEARCA:ARKW opened at $115.58 on Tuesday. The company has a market capitalization of $2.36 billion, a PE ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a 52-week low of $64.00 and a 52-week high of $120.39. The stock’s 50 day moving average price is $110.99 and its 200 day moving average price is $92.12.

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.