Nwam LLC Purchases Shares of 4,105 ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Nwam LLC purchased a new stake in ARK Next Generation Internation ETF (NYSEARCA:ARKW) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,105 shares of the company’s stock, valued at approximately $349,000.

A number of other institutional investors have also recently made changes to their positions in ARKW. Paladin Wealth LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 3rd quarter valued at about $51,000. Opal Wealth Advisors LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 2nd quarter valued at about $53,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of ARK Next Generation Internation ETF in the 2nd quarter valued at about $88,000. Brown Financial Advisors acquired a new position in shares of ARK Next Generation Internation ETF in the 2nd quarter valued at about $108,000. Finally, Fairscale Capital LLC bought a new stake in shares of ARK Next Generation Internation ETF during the 2nd quarter valued at about $177,000.

ARK Next Generation Internation ETF Stock Performance

Shares of ARKW stock opened at $108.34 on Monday. ARK Next Generation Internation ETF has a fifty-two week low of $63.29 and a fifty-two week high of $108.65. The stock has a 50 day simple moving average of $90.43 and a two-hundred day simple moving average of $82.16. The company has a market cap of $2.21 billion, a P/E ratio of 64.77 and a beta of 2.04.

About ARK Next Generation Internation ETF

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.