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.
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