Moloney Securities Asset Management LLC Takes Position in ARK Web x.0 ETF (NYSEARCA:ARKW)

Moloney Securities Asset Management LLC bought a new stake in shares of ARK Web x.0 ETF (NYSEARCA:ARKW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,930 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors also recently added to or reduced their stakes in ARKW. Cetera Advisors LLC bought a new position in shares of ARK Web x.0 ETF during the 1st quarter valued at approximately $38,000. Westside Investment Management Inc. bought a new position in shares of ARK Web x.0 ETF during the 2nd quarter valued at approximately $40,000. Enterprise Financial Services Corp bought a new position in shares of ARK Web x.0 ETF during the 1st quarter valued at approximately $60,000. Advisory Services Network LLC grew its position in shares of ARK Web x.0 ETF by 18.1% during the 1st quarter. Advisory Services Network LLC now owns 1,720 shares of the company’s stock valued at $89,000 after acquiring an additional 264 shares during the period. Finally, CWM LLC grew its position in shares of ARK Web x.0 ETF by 39.0% during the 1st quarter. CWM LLC now owns 2,085 shares of the company’s stock valued at $108,000 after acquiring an additional 585 shares during the period.

ARKW traded down $0.73 on Friday, hitting $50.12. The company’s stock had a trading volume of 35,700 shares, compared to its average volume of 101,813. The stock’s 50 day simple moving average is $52.50. 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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