On Friday, shares of the ARK Next Generation Internet ETF (ARKW) fell below their 200-day moving average of $73.55, trading as low as $72.52 per share—a 3.2% decline for the day. This marks a significant dip, with the ETF’s 52-week range stretching from a low of $49.92 to a high of $85.
As of the last trade, ARKW shares were at $72.73, indicating ongoing volatility in the tech-focused investment fund. The ETF’s performance is closely monitored given its significance in the sector.
