Exencial Wealth Advisors LLC Has $395,000 Stock Holdings in ARK Next Generation Internet ETF (NYSEARCA:ARKW)

Exencial Wealth Advisors LLC lessened its holdings in ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 19.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,657 shares of the company’s stock after selling 859 shares during the quarter. Exencial Wealth Advisors LLC’s holdings in ARK Next Generation Internet ETF were worth $395,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Gradient Investments LLC boosted its position in ARK Next Generation Internet ETF by 22.3% during the fourth quarter. Gradient Investments LLC now owns 144,433 shares of the company’s stock valued at $15,596,000 after purchasing an additional 26,302 shares during the last quarter. Serenus Wealth Advisors LLC acquired a new stake in ARK Next Generation Internet ETF during the fourth quarter valued at $96,000. Private Advisor Group LLC boosted its position in ARK Next Generation Internet ETF by 3.8% during the fourth quarter. Private Advisor Group LLC now owns 28,177 shares of the company’s stock valued at $3,043,000 after purchasing an additional 1,027 shares during the last quarter. JPMorgan Chase & Co. boosted its position in ARK Next Generation Internet ETF by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 21,583 shares of the company’s stock valued at $1,837,000 after purchasing an additional 3,055 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in ARK Next Generation Internet ETF by 2.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 18,259 shares of the company’s stock valued at $1,972,000 after purchasing an additional 520 shares during the last quarter.

ARK Next Generation Internet ETF Trading Up 3.2 %

ARKW opened at $106.96 on Thursday. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 45.69 and a beta of 1.73. ARK Next Generation Internet ETF has a 1 year low of $64.00 and a 1 year high of $126.12. The stock has a fifty day moving average price of $115.10 and a 200 day moving average price of $101.08.

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.