ARK Next Generation Internation ETF (NYSEARCA:ARKW) Holdings Cut by MML Investors Services LLC

MML Investors Services LLC cut its stake in shares of ARK Next Generation Internation ETF (NYSEARCA:ARKW) by 6.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 31,253 shares of the company’s stock after selling 2,239 shares during the quarter. MML Investors Services LLC’s holdings in ARK Next Generation Internation ETF were worth $2,661,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Prudential PLC boosted its position in ARK Next Generation Internation ETF by 38.5% during the 2nd quarter. Prudential PLC now owns 132,350 shares of the company’s stock valued at $10,339,000 after purchasing an additional 36,800 shares during the period. Mattson Financial Services LLC bought a new stake in ARK Next Generation Internation ETF in the second quarter valued at $1,294,000. Northwestern Mutual Wealth Management Co. lifted its stake in ARK Next Generation Internation ETF by 7.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 186,057 shares of the company’s stock valued at $14,518,000 after buying an additional 12,582 shares during the last quarter. Atria Investments Inc acquired a new position in shares of ARK Next Generation Internation ETF during the third quarter valued at $923,000. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of ARK Next Generation Internation ETF by 1,467.0% during the second quarter. Mercer Global Advisors Inc. ADV now owns 8,791 shares of the company’s stock worth $683,000 after acquiring an additional 8,230 shares during the last quarter.

ARK Next Generation Internation ETF Stock Up 0.4 %

ARKW stock opened at $117.10 on Monday. The stock has a market cap of $2.39 billion, a PE ratio of 64.77 and a beta of 2.04. The firm’s 50-day simple moving average is $99.07 and its 200 day simple moving average is $85.92. ARK Next Generation Internation ETF has a fifty-two week low of $64.00 and a fifty-two week high of $118.98.

ARK Next Generation Internation ETF Profile

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.