ARK Next Generation Internet ETF (BATS:ARKW) Stock Price Down 3.3% – Here’s What Happened

Shares of ARK Next Generation Internet ETF (BATS:ARKWGet Free Report) dropped 3.3% during trading on Monday . The stock traded as low as $135.99 and last traded at $136.91. Approximately 240,636 shares changed hands during mid-day trading, The stock had previously closed at $141.63.

ARK Next Generation Internet ETF Stock Down 1.6%

The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 45.71 and a beta of 1.89. The business’s 50-day moving average is $150.56 and its 200-day moving average is $159.10.

About ARK Next Generation Internet ETF

(Get Free Report)

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. ARKW was launched on Sep 30, 2014 and is issued by ARK.

Further Reading

Receive News & Ratings for ARK Next Generation Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Next Generation Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.