17 Capital Partners LLC Has $378,000 Position in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

17 Capital Partners LLC lifted its stake in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 31.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,439 shares of the company’s stock after buying an additional 1,065 shares during the quarter. 17 Capital Partners LLC’s holdings in ARK Next Generation Internation ETF were worth $378,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of ARK Next Generation Internation ETF by 9.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,668 shares of the company’s stock worth $286,000 after acquiring an additional 309 shares during the period. Avantax Advisory Services Inc. grew its holdings in ARK Next Generation Internation ETF by 12.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 18,329 shares of the company’s stock valued at $1,527,000 after buying an additional 2,045 shares in the last quarter. Gradient Investments LLC increased its position in ARK Next Generation Internation ETF by 55.1% during the 2nd quarter. Gradient Investments LLC now owns 88,993 shares of the company’s stock worth $6,944,000 after buying an additional 31,625 shares during the period. Mattson Financial Services LLC bought a new stake in shares of ARK Next Generation Internation ETF in the second quarter valued at about $1,294,000. Finally, Verus Capital Partners LLC grew its stake in shares of ARK Next Generation Internation ETF by 4.5% in the second quarter. Verus Capital Partners LLC now owns 35,392 shares of the company’s stock valued at $2,762,000 after acquiring an additional 1,535 shares in the last quarter.

ARK Next Generation Internation ETF Stock Up 1.1 %

Shares of ARK Next Generation Internation ETF stock opened at $98.73 on Friday. The company has a 50-day simple moving average of $84.92 and a two-hundred day simple moving average of $80.07. ARK Next Generation Internation ETF has a twelve month low of $57.45 and a twelve month high of $98.99. The stock has a market capitalization of $2.01 billion, a price-to-earnings 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.