BNP Paribas Financial Markets Purchases 1,191 Shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW)

BNP Paribas Financial Markets grew its stake in shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,936 shares of the company’s stock after acquiring an additional 1,191 shares during the period. BNP Paribas Financial Markets owned 0.08% of ARK Next Generation Internet ETF worth $1,721,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its position in shares of ARK Next Generation Internet ETF by 39.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 298 shares of the company’s stock worth $32,000 after buying an additional 84 shares in the last quarter. HighTower Advisors LLC raised its position in shares of ARK Next Generation Internet ETF by 0.7% in the fourth quarter. HighTower Advisors LLC now owns 13,436 shares of the company’s stock worth $1,451,000 after buying an additional 87 shares in the last quarter. Strong Tower Advisory Services raised its position in shares of ARK Next Generation Internet ETF by 1.0% in the fourth quarter. Strong Tower Advisory Services now owns 16,012 shares of the company’s stock worth $1,729,000 after buying an additional 163 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of ARK Next Generation Internet ETF by 37.4% in the fourth quarter. Farther Finance Advisors LLC now owns 603 shares of the company’s stock worth $65,000 after buying an additional 164 shares in the last quarter. Finally, National Bank of Canada FI purchased a new stake in shares of ARK Next Generation Internet ETF in the fourth quarter worth $30,000.

ARK Next Generation Internet ETF Stock Up 1.9%

ARKW opened at $119.93 on Friday. The stock has a market cap of $1.74 billion, a PE ratio of 30.89 and a beta of 1.89. ARK Next Generation Internet ETF has a 52 week low of $64.00 and a 52 week high of $126.12. The business’s fifty day simple moving average is $98.84 and its 200 day simple moving average is $106.84.

ARK Next Generation Internet ETF 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.