ARK Web x.0 ETF (NYSEARCA:ARKW) Stake Increased by Advisory Services Network LLC

Advisory Services Network LLC raised its stake in ARK Web x.0 ETF (NYSEARCA:ARKW) by 18.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,720 shares of the company’s stock after acquiring an additional 264 shares during the quarter. Advisory Services Network LLC’s holdings in ARK Web x.0 ETF were worth $89,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. raised its holdings in shares of ARK Web x.0 ETF by 1.4% in the first quarter. Stratos Wealth Partners LTD. now owns 15,453 shares of the company’s stock worth $801,000 after acquiring an additional 215 shares during the last quarter. Kovack Advisors Inc. grew its position in shares of ARK Web x.0 ETF by 0.3% in the first quarter. Kovack Advisors Inc. now owns 84,033 shares of the company’s stock valued at $4,354,000 after purchasing an additional 253 shares during the period. Bronfman E.L. Rothschild L.P. grew its position in shares of ARK Web x.0 ETF by 13.0% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 2,634 shares of the company’s stock valued at $112,000 after purchasing an additional 304 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of ARK Web x.0 ETF by 5.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 7,689 shares of the company’s stock valued at $326,000 after purchasing an additional 375 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in shares of ARK Web x.0 ETF by 1.4% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 39,870 shares of the company’s stock valued at $2,066,000 after purchasing an additional 535 shares during the period.

ARKW stock traded down $0.14 during trading on Thursday, reaching $53.99. 35,472 shares of the stock traded hands, compared to its average volume of 106,983. The firm’s 50 day simple moving average is $51.15. ARK Web x.0 ETF has a 52-week low of $40.19 and a 52-week high of $59.98.

Featured Article: What is a stock portfolio tracker?

Institutional Ownership by Quarter for ARK Web x.0 ETF (NYSEARCA:ARKW)

Receive News & Ratings for ARK Web x.0 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Web x.0 ETF and related companies with MarketBeat.com's FREE daily email newsletter.