Kovack Advisors Inc. boosted its position in ARK Web x.0 ETF (NYSEARCA:ARKW) by 0.3% in the first quarter, Holdings Channel reports. The institutional investor owned 84,033 shares of the company’s stock after purchasing an additional 253 shares during the period. ARK Web x.0 ETF makes up approximately 1.1% of Kovack Advisors Inc.’s holdings, making the stock its 9th largest holding. Kovack Advisors Inc.’s holdings in ARK Web x.0 ETF were worth $4,354,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in ARKW. JNBA Financial Advisors bought a new position in shares of ARK Web x.0 ETF in the fourth quarter worth $44,000. Enterprise Financial Services Corp bought a new position in shares of ARK Web x.0 ETF in the first quarter worth $60,000. CWM LLC boosted its holdings in shares of ARK Web x.0 ETF by 39.0% in the first quarter. CWM LLC now owns 2,085 shares of the company’s stock worth $108,000 after acquiring an additional 585 shares during the period. Bronfman E.L. Rothschild L.P. boosted its holdings 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 worth $112,000 after acquiring an additional 304 shares during the period. Finally, Valley National Advisers Inc. boosted its holdings 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 worth $166,000 after acquiring an additional 1,343 shares during the period.
Shares of ARK Web x.0 ETF stock traded up $0.08 during trading hours on Friday, reaching $52.44. The company had a trading volume of 73,452 shares, compared to its average volume of 111,177. ARK Web x.0 ETF has a one year low of $40.19 and a one year high of $59.98.
COPYRIGHT VIOLATION NOTICE: “ARK Web x.0 ETF (ARKW) Shares Bought by Kovack Advisors Inc.” was first reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are reading this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright law. The original version of this story can be read at https://www.baseballdailydigest.com/news/2019/05/12/ark-web-x-0-etf-arkw-shares-bought-by-kovack-advisors-inc.html.
Want to see what other hedge funds are holding ARKW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ARK Web x.0 ETF (NYSEARCA:ARKW).
Receive News & Ratings for ARK Web x.0 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARK Web x.0 ETF and related companies with MarketBeat.com's FREE daily email newsletter.