ARK Next Generation Internation ETF (NYSEARCA:ARKW) Sees Strong Trading Volume

ARK Next Generation Internation ETF (NYSEARCA:ARKW) shares saw unusually-strong trading volume on Thursday . Approximately 117,608 shares traded hands during mid-day trading, a decline of 55% from the previous session’s volume of 264,139 shares.The stock last traded at $74.30 and had previously closed at $74.41.

ARK Next Generation Internation ETF Stock Performance

The firm has a market capitalization of $1.51 billion, a P/E ratio of 69.80 and a beta of 1.55. The stock has a fifty day moving average price of $79.40 and a two-hundred day moving average price of $70.29.

Institutional Trading of ARK Next Generation Internation ETF

Institutional investors have recently added to or reduced their stakes in the business. LM Advisors LLC acquired a new position in shares of ARK Next Generation Internation ETF in the 4th quarter valued at about $27,000. BOK Financial Private Wealth Inc. acquired a new position in ARK Next Generation Internation ETF in the third quarter valued at approximately $25,000. Naples Money Management LLC bought a new position in shares of ARK Next Generation Internation ETF during the fourth quarter valued at approximately $38,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of ARK Next Generation Internation ETF during the 4th quarter worth approximately $38,000. Finally, Scarborough Advisors LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 4th quarter worth approximately $38,000.

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.