DHK Financial Advisors Inc. Purchases Shares of 4,602 ARK Next Generation Internet ETF (NYSEARCA:ARKW)

DHK Financial Advisors Inc. acquired a new position in ARK Next Generation Internet ETF (NYSEARCA:ARKW) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 4,602 shares of the company’s stock, valued at approximately $436,000.

Other institutional investors also recently modified their holdings of the company. Serenus Wealth Advisors LLC acquired a new stake in shares of ARK Next Generation Internet ETF during the 4th quarter valued at about $96,000. 17 Capital Partners LLC boosted its holdings in ARK Next Generation Internet ETF by 10.2% during the fourth quarter. 17 Capital Partners LLC now owns 4,890 shares of the company’s stock valued at $528,000 after purchasing an additional 451 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in ARK Next Generation Internet ETF by 13.9% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 3,248 shares of the company’s stock valued at $351,000 after purchasing an additional 396 shares in the last quarter. Kuhn & Co Investment Counsel bought a new stake in shares of ARK Next Generation Internet ETF in the 4th quarter valued at approximately $216,000. Finally, Private Advisor Group LLC raised its holdings in shares of ARK Next Generation Internet ETF by 3.8% in the 4th quarter. Private Advisor Group LLC now owns 28,177 shares of the company’s stock worth $3,043,000 after buying an additional 1,027 shares in the last quarter.

ARK Next Generation Internet ETF Price Performance

ARK Next Generation Internet ETF stock opened at $129.66 on Friday. The business has a 50 day simple moving average of $105.81 and a 200 day simple moving average of $109.20. The company has a market capitalization of $1.84 billion, a PE ratio of 35.29 and a beta of 1.89. ARK Next Generation Internet ETF has a one year low of $64.00 and a one year high of $131.02.

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.