Captrust Financial Advisors Sells 214 Shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Captrust Financial Advisors lowered its holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 8.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,363 shares of the company’s stock after selling 214 shares during the period. Captrust Financial Advisors’ holdings in ARK Next Generation Internation ETF were worth $201,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ARKW. Wealth Enhancement Advisory Services LLC boosted its holdings in ARK Next Generation Internation ETF by 9.2% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,668 shares of the company’s stock valued at $286,000 after purchasing an additional 309 shares during the period. International Assets Investment Management LLC increased its position in ARK Next Generation Internation ETF by 7.0% during the 2nd quarter. International Assets Investment Management LLC now owns 4,150 shares of the company’s stock worth $324,000 after purchasing an additional 270 shares in the last quarter. Summit Financial LLC increased its position in ARK Next Generation Internation ETF by 15.7% during the 2nd quarter. Summit Financial LLC now owns 4,915 shares of the company’s stock worth $384,000 after purchasing an additional 667 shares in the last quarter. Verus Capital Partners LLC increased its position in ARK Next Generation Internation ETF by 4.5% during the 2nd quarter. Verus Capital Partners LLC now owns 35,392 shares of the company’s stock worth $2,762,000 after purchasing an additional 1,535 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in ARK Next Generation Internation ETF by 3.0% during the 2nd quarter. Private Advisor Group LLC now owns 28,803 shares of the company’s stock worth $2,248,000 after purchasing an additional 827 shares in the last quarter.

ARK Next Generation Internation ETF Price Performance

ARKW stock opened at $120.04 on Tuesday. The company has a 50 day simple moving average of $99.80 and a 200 day simple moving average of $86.23. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a 1 year low of $64.00 and a 1 year high of $120.36.

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.