ARK Next Generation Internet ETF $ARKW Stock Position Reduced by Integrity Alliance LLC.

Integrity Alliance LLC. lowered its position in shares of ARK Next Generation Internet ETF (BATS:ARKW) by 84.3% during the 3rd quarter, Holdings Channel.com reports. The firm owned 5,103 shares of the company’s stock after selling 27,366 shares during the period. Integrity Alliance LLC.’s holdings in ARK Next Generation Internet ETF were worth $817,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Curry Webb Wealth Management LLC bought a new position in shares of ARK Next Generation Internet ETF in the third quarter worth approximately $55,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of ARK Next Generation Internet ETF during the 1st quarter valued at $61,000. Capital Investment Advisors LLC purchased a new position in shares of ARK Next Generation Internet ETF during the 3rd quarter valued at $217,000. NWF Advisory Services Inc. purchased a new position in shares of ARK Next Generation Internet ETF during the 2nd quarter valued at $221,000. Finally, Baird Financial Group Inc. purchased a new position in shares of ARK Next Generation Internet ETF during the 2nd quarter valued at $225,000.

ARK Next Generation Internet ETF Trading Up 2.3%

ARK Next Generation Internet ETF stock traded up $3.15 during mid-day trading on Friday, hitting $138.82. The stock had a trading volume of 130,964 shares, compared to its average volume of 108,049. ARK Next Generation Internet ETF has a one year low of $113.36 and a one year high of $168.50. The firm has a market capitalization of $1.97 billion, a P/E ratio of 45.71 and a beta of 1.89. The firm’s 50 day moving average is $157.55 and its 200 day moving average is $143.05.

About ARK Next Generation Internet 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. ARKW was launched on Sep 30, 2014 and is issued by ARK.