ARK Next Generation Internation ETF (NYSEARCA:ARKW) Sets New 12-Month High at $85.00

ARK Next Generation Internation ETF (NYSEARCA:ARKW)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $85.00 and last traded at $82.56, with a volume of 37723 shares traded. The stock had previously closed at $83.44.

ARK Next Generation Internation ETF Stock Performance

The business’s 50-day simple moving average is $76.67 and its two-hundred day simple moving average is $67.56.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ARKW. BOK Financial Private Wealth Inc. acquired a new position in shares of ARK Next Generation Internation ETF in the third quarter valued at approximately $25,000. LM Advisors LLC acquired a new position in shares of ARK Next Generation Internation ETF in the fourth quarter valued at approximately $27,000. PNC Financial Services Group Inc. grew its holdings in shares of ARK Next Generation Internation ETF by 46.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 736 shares of the company’s stock valued at $28,000 after purchasing an additional 233 shares in the last quarter. Comerica Bank acquired a new position in shares of ARK Next Generation Internation ETF in the third quarter valued at approximately $32,000. Finally, NBC Securities Inc. purchased a new position in ARK Next Generation Internation ETF in the third quarter worth approximately $35,000.

About ARK Next Generation Internation 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.