NBC Securities Inc. Has $33,000 Holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

NBC Securities Inc. cut its holdings in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 38.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 406 shares of the company’s stock after selling 250 shares during the period. NBC Securities Inc.’s holdings in ARK Next Generation Internation ETF were worth $33,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. First Horizon Advisors Inc. lifted its holdings in shares of ARK Next Generation Internation ETF by 12.2% during the 4th quarter. First Horizon Advisors Inc. now owns 1,754 shares of the company’s stock valued at $133,000 after purchasing an additional 191 shares in the last quarter. Centaurus Financial Inc. raised its holdings in ARK Next Generation Internation ETF by 7.3% during the 4th quarter. Centaurus Financial Inc. now owns 4,554 shares of the company’s stock worth $346,000 after buying an additional 311 shares during the period. Scotia Capital Inc. lifted its stake in ARK Next Generation Internation ETF by 11.3% in the fourth quarter. Scotia Capital Inc. now owns 4,134 shares of the company’s stock valued at $314,000 after buying an additional 420 shares in the last quarter. Naples Money Management LLC acquired a new position in shares of ARK Next Generation Internation ETF in the fourth quarter valued at approximately $38,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of ARK Next Generation Internation ETF during the fourth quarter worth $38,000.

ARK Next Generation Internation ETF Stock Down 1.9 %

Shares of NYSEARCA:ARKW opened at $75.20 on Tuesday. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04. ARK Next Generation Internation ETF has a 12 month low of $49.92 and a 12 month high of $85.00. The company’s fifty day simple moving average is $76.40 and its 200 day simple moving average is $76.30.

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.