Integrity Alliance LLC. Sells 27,366 Shares of ARK Next Generation Internet ETF $ARKW

by · The Cerbat Gem

Integrity Alliance LLC. lowered its holdings in ARK Next Generation Internet ETF (BATS:ARKW – Free Report) by 84.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,103 shares of the company’s stock after selling 27,366 shares during the period. Integrity Alliance LLC.’s holdings in ARK Next Generation Internet ETF were worth $817,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of ARKW. Kestra Advisory Services LLC increased its position in shares of ARK Next Generation Internet ETF by 5.2% in the first quarter. Kestra Advisory Services LLC now owns 126,005 shares of the company’s stock worth $15,197,000 after purchasing an additional 6,251 shares during the last quarter. AdvisorNet Financial Inc lifted its position in ARK Next Generation Internet ETF by 65.6% during the third quarter. AdvisorNet Financial Inc now owns 66,205 shares of the company’s stock valued at $10,572,000 after purchasing an additional 26,226 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in ARK Next Generation Internet ETF by 55.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 47,393 shares of the company’s stock worth $6,865,000 after buying an additional 16,964 shares in the last quarter. Crescent Grove Advisors LLC grew its stake in ARK Next Generation Internet ETF by 2.3% in the 1st quarter. Crescent Grove Advisors LLC now owns 33,908 shares of the company’s stock worth $4,090,000 after buying an additional 750 shares in the last quarter. Finally, Park Avenue Securities LLC purchased a new position in ARK Next Generation Internet ETF in the 3rd quarter worth approximately $3,564,000.

ARK Next Generation Internet ETF Trading Up 2.3%

Shares of BATS:ARKW traded up $3.15 during trading on Friday, reaching $138.82. The company had a trading volume of 130,964 shares, compared to its average volume of 108,049. ARK Next Generation Internet ETF has a 12 month low of $113.36 and a 12 month high of $168.50. The company has a fifty day moving average of $157.55 and a two-hundred day moving average of $143.05. The stock has a market capitalization of $1.97 billion, a P/E ratio of 45.71 and a beta of 1.89.

ARK Next Generation Internet ETF Profile

(Free Report)

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. ARKW was launched on Sep 30, 2014 and is issued by ARK.

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