Manchester Capital Management LLC Has $42,000 Holdings in ARK Next Generation Internet ETF (NYSEARCA:ARKW)

Manchester Capital Management LLC lessened its stake in ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 42.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 393 shares of the company’s stock after selling 293 shares during the quarter. Manchester Capital Management LLC’s holdings in ARK Next Generation Internet ETF were worth $42,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in ARK Next Generation Internet ETF by 16.5% during the third quarter. JPMorgan Chase & Co. now owns 21,583 shares of the company’s stock worth $1,837,000 after purchasing an additional 3,055 shares during the last quarter. Serenus Wealth Advisors LLC acquired a new position in ARK Next Generation Internet ETF during the fourth quarter worth $96,000. BNP Paribas Financial Markets boosted its holdings in ARK Next Generation Internet ETF by 2.2% during the third quarter. BNP Paribas Financial Markets now owns 14,745 shares of the company’s stock worth $1,255,000 after purchasing an additional 314 shares during the last quarter. 17 Capital Partners LLC boosted its holdings in ARK Next Generation Internet ETF by 31.6% during the third quarter. 17 Capital Partners LLC now owns 4,439 shares of the company’s stock worth $378,000 after purchasing an additional 1,065 shares during the last quarter. Finally, Nwam LLC acquired a new position in ARK Next Generation Internet ETF during the third quarter worth $349,000.

ARK Next Generation Internet ETF Trading Up 1.2 %

Shares of ARKW opened at $125.64 on Friday. ARK Next Generation Internet ETF has a 12 month low of $64.00 and a 12 month high of $126.12. The firm has a fifty day simple moving average of $115.83 and a 200 day simple moving average of $97.57. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 64.77 and a beta of 2.04.

ARK Next Generation Internet ETF Company 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.