ARK Web x.0 ETF (NYSEARCA:ARKW) Stake Boosted by Financial Advocates Investment Management

Financial Advocates Investment Management boosted its position in ARK Web x.0 ETF (NYSEARCA:ARKW) by 21.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,433 shares of the company’s stock after purchasing an additional 1,649 shares during the period. Financial Advocates Investment Management owned approximately 0.10% of ARK Web x.0 ETF worth $348,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ARKW. JNBA Financial Advisors bought a new stake in shares of ARK Web x.0 ETF in the fourth quarter valued at about $44,000. Bronfman E.L. Rothschild L.P. lifted its stake in shares of ARK Web x.0 ETF by 13.0% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 2,634 shares of the company’s stock valued at $112,000 after buying an additional 304 shares during the period. Valley National Advisers Inc. lifted its stake in shares of ARK Web x.0 ETF by 52.5% in the fourth quarter. Valley National Advisers Inc. now owns 3,902 shares of the company’s stock valued at $166,000 after buying an additional 1,343 shares during the period. Parallel Advisors LLC lifted its stake in shares of ARK Web x.0 ETF by 45.0% in the fourth quarter. Parallel Advisors LLC now owns 4,097 shares of the company’s stock valued at $173,000 after buying an additional 1,271 shares during the period. Finally, Western Wealth Management LLC bought a new stake in shares of ARK Web x.0 ETF in the fourth quarter valued at about $233,000.

Shares of NYSEARCA ARKW traded down $0.56 during mid-day trading on Wednesday, hitting $53.62. The company had a trading volume of 65,349 shares, compared to its average volume of 112,107. ARK Web x.0 ETF has a 12 month low of $40.19 and a 12 month high of $59.98.

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Institutional Ownership by Quarter for ARK Web x.0 ETF (NYSEARCA:ARKW)

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