Brookstone Capital Management Cuts Holdings in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Brookstone Capital Management lessened its stake in ARK Next Generation Internation ETF (NYSEARCA:ARKW – Get Rating) by 17.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,251 shares of the company’s stock after selling 18,857 shares during the period. Brookstone Capital Management’s holdings in ARK Next Generation Internation ETF were worth $3,357,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Coastal Investment Advisors Inc. bought a new stake in shares of ARK Next Generation Internation ETF in the 3rd quarter worth approximately $33,000. Ameritas Advisory Services LLC lifted its holdings in shares of ARK Next Generation Internation ETF by 6.9% in the 3rd quarter. Ameritas Advisory Services LLC now owns 26,830 shares of the company’s stock worth $1,225,000 after acquiring an additional 1,735 shares during the last quarter. Cetera Advisor Networks LLC lifted its holdings in shares of ARK Next Generation Internation ETF by 14.1% in the 2nd quarter. Cetera Advisor Networks LLC now owns 59,876 shares of the company’s stock worth $2,933,000 after acquiring an additional 7,421 shares during the last quarter. CoreCap Advisors LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 2nd quarter worth approximately $59,000. Finally, Guardian Wealth Advisors LLC bought a new stake in shares of ARK Next Generation Internation ETF in the 3rd quarter worth approximately $54,000.

ARK Next Generation Internation ETF Stock Performance

Shares of ARKW opened at $51.36 on Friday. ARK Next Generation Internation ETF has a fifty-two week low of $36.02 and a fifty-two week high of $94.67. The firm has a 50 day moving average price of $49.05 and a 200-day moving average price of $46.39.

ARK Next Generation Internation ETF Profile

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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.