ARK Next Generation Internet ETF $ARKW Shares Acquired by Lam Group Inc.

Lam Group Inc. lifted its stake in shares of ARK Next Generation Internet ETF (BATS:ARKW) by 126.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,560 shares of the company’s stock after purchasing an additional 3,660 shares during the period. Lam Group Inc.’s holdings in ARK Next Generation Internet ETF were worth $950,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of ARKW. Ausdal Financial Partners Inc. increased its holdings in ARK Next Generation Internet ETF by 4.5% in the third quarter. Ausdal Financial Partners Inc. now owns 2,065 shares of the company’s stock valued at $361,000 after buying an additional 88 shares during the last quarter. Scotia Capital Inc. lifted its holdings in ARK Next Generation Internet ETF by 4.2% during the 3rd quarter. Scotia Capital Inc. now owns 2,227 shares of the company’s stock worth $389,000 after buying an additional 90 shares during the last quarter. Diversify Advisory Services LLC lifted its holdings in ARK Next Generation Internet ETF by 5.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,775 shares of the company’s stock worth $311,000 after buying an additional 91 shares during the last quarter. Integrity Alliance LLC. grew its position in shares of ARK Next Generation Internet ETF by 2.4% in the 4th quarter. Integrity Alliance LLC. now owns 5,078 shares of the company’s stock worth $750,000 after acquiring an additional 119 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in shares of ARK Next Generation Internet ETF by 28.9% in the 4th quarter. Wells Fargo & Company MN now owns 620 shares of the company’s stock worth $92,000 after acquiring an additional 139 shares in the last quarter.

ARK Next Generation Internet ETF Trading Up 0.2%

Shares of BATS ARKW opened at $149.91 on Wednesday. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 45.71 and a beta of 1.89. ARK Next Generation Internet ETF has a twelve month low of $113.36 and a twelve month high of $183.00. The business has a 50 day simple moving average of $143.37 and a 200-day simple moving average of $136.85.

About ARK Next Generation Internet ETF

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. ARKW was launched on Sep 30, 2014 and is issued by ARK.