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Stephens Inc. AR Grows Stock Position in ARK Next Generation Internation ETF (NYSEARCA:ARKW)

Stephens Inc. AR increased its holdings in ARK Next Generation International ETF (NYSEARCA:ARKW) by 6.4% in the fourth quarter, according to a recent disclosure with the SEC. The fund now owns 11,983 shares of the stock, valued at $910,000.

Other hedge funds have also made changes to their holdings of ARKW. International Assets Investment Management LLC acquired a new position worth $309,080,000, while Priebe Wealth Holdings LLC and Price Capital Management Inc. purchased positions worth $11,626,000 and $10,876,000, respectively. Additionally, Raymond James & Associates and Relyea Zuckerberg Hanson LLC increased their holdings in the fourth quarter.

ARKW is currently trading up 1.0%, with a 12-month low of $49.92 and a high of $85.00. The fund has a market capitalization of $1.58 billion, a PE ratio of 64.77, and a beta of 2.04.

ARK Next Generation International ETF is an actively managed fund that invests in companies benefiting from a shift towards cloud and mobile infrastructure. Investors can track the fund’s performance through HoldingsChannel.com.

For more news and ratings on ARK Next Generation International ETF, sign up to receive MarketBeat.com’s daily email newsletter.

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