Lam Group Inc. Increases Position in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Lam Group Inc. increased its position in ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 835.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,040 shares of the company’s stock after acquiring an additional 2,715 shares during the period. Lam Group Inc.’s holdings in ARK Next Generation Internation ETF were worth $328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new stake in shares of ARK Next Generation Internation ETF during the second quarter worth about $1,294,000. Strategic Investment Solutions Inc. IL acquired a new stake in ARK Next Generation Internation ETF during the 2nd quarter valued at approximately $88,000. BNP Paribas Financial Markets boosted its holdings in shares of ARK Next Generation Internation ETF by 2.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 14,745 shares of the company’s stock valued at $1,255,000 after acquiring an additional 314 shares during the last quarter. 17 Capital Partners LLC increased its stake in shares of ARK Next Generation Internation ETF by 31.6% in the third quarter. 17 Capital Partners LLC now owns 4,439 shares of the company’s stock worth $378,000 after acquiring an additional 1,065 shares during the period. Finally, Brown Financial Advisors purchased a new position in shares of ARK Next Generation Internation ETF during the second quarter worth $108,000.

ARK Next Generation Internation ETF Price Performance

NYSEARCA ARKW opened at $115.58 on Tuesday. ARK Next Generation Internation ETF has a 1 year low of $64.00 and a 1 year high of $120.39. The company has a market capitalization of $2.36 billion, a PE ratio of 64.77 and a beta of 2.04. The company has a fifty day moving average of $110.99 and a 200 day moving average of $92.12.

ARK Next Generation Internation 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.