Bradley Foster & Sargent Inc. CT Takes Position in ARK Next Generation Internet ETF (NYSEARCA:ARKW)

Bradley Foster & Sargent Inc. CT bought a new position in shares of ARK Next Generation Internet ETF (NYSEARCA:ARKW) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,058 shares of the company’s stock, valued at approximately $222,000.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of ARK Next Generation Internet ETF by 16.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,583 shares of the company’s stock valued at $1,837,000 after buying an additional 3,055 shares in the last quarter. Serenus Wealth Advisors LLC acquired a new position in shares of ARK Next Generation Internet ETF in the 4th quarter valued at $96,000. BNP Paribas Financial Markets increased its holdings in shares of ARK Next Generation Internet ETF by 2.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 14,745 shares of the company’s stock valued at $1,255,000 after acquiring an additional 314 shares during the period. 17 Capital Partners LLC increased its holdings in shares of ARK Next Generation Internet ETF by 31.6% in the 3rd quarter. 17 Capital Partners LLC now owns 4,439 shares of the company’s stock valued at $378,000 after acquiring an additional 1,065 shares during the period. Finally, Nwam LLC acquired a new position in ARK Next Generation Internet ETF in the 3rd quarter valued at $349,000.

ARK Next Generation Internet ETF Stock Performance

Shares of ARKW opened at $114.92 on Monday. The stock has a market capitalization of $2.34 billion, a P/E ratio of 64.77 and a beta of 2.04. The company’s fifty day moving average is $116.37 and its two-hundred day moving average is $99.26. ARK Next Generation Internet ETF has a 1 year low of $64.00 and a 1 year high of $126.12.

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.