ARK Next Generation Internet ETF $ARKW Shares Sold by Mattson Financial Services LLC

Mattson Financial Services LLC reduced its stake in ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 0.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,422 shares of the company’s stock after selling 195 shares during the quarter. Mattson Financial Services LLC owned 0.15% of ARK Next Generation Internet ETF worth $2,123,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ARKW. MGB Wealth Management LLC purchased a new stake in ARK Next Generation Internet ETF during the first quarter worth $28,000. Tower Research Capital LLC TRC boosted its holdings in 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 valued at $32,000 after purchasing an additional 84 shares during the last quarter. NBC Securities Inc. acquired a new stake in ARK Next Generation Internet ETF during the first quarter valued at approximately $38,000. Opal Wealth Advisors LLC acquired a new stake in ARK Next Generation Internet ETF during the first quarter valued at approximately $65,000. Finally, Banque Transatlantique SA acquired a new stake in shares of ARK Next Generation Internet ETF during the 1st quarter worth approximately $73,000.

ARK Next Generation Internet ETF Stock Performance

Shares of NYSEARCA ARKW opened at $159.43 on Thursday. The firm has a market cap of $2.39 billion, a P/E ratio of 45.71 and a beta of 1.55. The stock has a fifty day moving average price of $155.94 and a two-hundred day moving average price of $126.32. ARK Next Generation Internet ETF has a 1 year low of $75.74 and a 1 year high of $164.72.

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.