ARK Next Generation Internet ETF (NYSEARCA:ARKW) Shares Sold by Verus Capital Partners LLC

Verus Capital Partners LLC decreased its holdings in shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 23.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,417 shares of the company’s stock after selling 743 shares during the quarter. Verus Capital Partners LLC’s holdings in ARK Next Generation Internet ETF were worth $261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Whipplewood Advisors LLC acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $128,000. Brown Financial Advisors acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $202,000. Wealthspire Advisors LLC acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $226,000. Marshall Investment Management LLC acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $1,768,000. Finally, Sigma Planning Corp acquired a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $241,000.

ARK Next Generation Internet ETF Trading Up 1.6 %

NYSEARCA:ARKW opened at $107.06 on Friday. ARK Next Generation Internet ETF has a twelve month low of $64.00 and a twelve month high of $126.12. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 45.69 and a beta of 1.73. The firm’s fifty day simple moving average is $115.65 and its 200 day simple moving average is $100.49.

ARK Next Generation Internet ETF Company 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.