Baer Investment Advisory LLC Invests $2.75 Million in ARK Next Generation Internet ETF $ARKW

Baer Investment Advisory LLC bought a new stake in shares of ARK Next Generation Internet ETF (BATS:ARKWFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 22,816 shares of the company’s stock, valued at approximately $2,752,000.

Other large investors have also recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp bought a new position in shares of ARK Next Generation Internet ETF in the third quarter valued at $43,000. Wealth Watch Advisors INC acquired a new stake in shares of ARK Next Generation Internet ETF during the 3rd quarter valued at $48,000. Hilton Head Capital Partners LLC boosted its stake in shares of ARK Next Generation Internet ETF by 213.7% during the 1st quarter. Hilton Head Capital Partners LLC now owns 298 shares of the company’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of ARK Next Generation Internet ETF during the 2nd quarter worth $46,000. Finally, Abound Wealth Management grew its holdings in shares of ARK Next Generation Internet ETF by 603.8% in the 4th quarter. Abound Wealth Management now owns 373 shares of the company’s stock worth $55,000 after acquiring an additional 320 shares during the last quarter.

ARK Next Generation Internet ETF Price Performance

Shares of ARK Next Generation Internet ETF stock opened at $145.18 on Friday. The stock’s fifty day moving average is $143.65 and its 200-day moving average is $138.28. The firm has a market capitalization of $2.06 billion, a PE ratio of 45.71 and a beta of 1.89. ARK Next Generation Internet ETF has a 12-month low of $113.36 and a 12-month high of $183.00.

About ARK Next Generation Internet ETF

(Free Report)

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. ARKW was launched on Sep 30, 2014 and is issued by ARK.

Further Reading

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Institutional Ownership by Quarter for ARK Next Generation Internet ETF (BATS:ARKW)

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