Wealth Management Partners LLC Purchases 3,482 Shares of ARK Next Generation Internet ETF $ARKW

Wealth Management Partners LLC grew its position in ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 17.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,801 shares of the company’s stock after purchasing an additional 3,482 shares during the quarter. ARK Next Generation Internet ETF comprises approximately 1.3% of Wealth Management Partners LLC’s investment portfolio, making the stock its 16th biggest position. Wealth Management Partners LLC owned about 0.17% of ARK Next Generation Internet ETF worth $4,156,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Synergy Asset Management LLC bought a new stake in ARK Next Generation Internet ETF in the 3rd quarter valued at $207,000. Relyea Zuckerberg Hanson LLC increased its position in ARK Next Generation Internet ETF by 1.3% during the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 56,091 shares of the company’s stock worth $9,794,000 after buying an additional 746 shares during the period. Financial Consulate Inc. acquired a new stake in shares of ARK Next Generation Internet ETF during the third quarter worth $81,000. Mattson Financial Services LLC boosted its position in shares of ARK Next Generation Internet ETF by 10.8% in the third quarter. Mattson Financial Services LLC now owns 27,257 shares of the company’s stock valued at $4,759,000 after acquiring an additional 2,663 shares during the period. Finally, Financial Management Professionals Inc. boosted its position in shares of ARK Next Generation Internet ETF by 2,639.2% in the third quarter. Financial Management Professionals Inc. now owns 11,669 shares of the company’s stock valued at $2,038,000 after acquiring an additional 11,243 shares during the period.

ARK Next Generation Internet ETF Stock Performance

NYSEARCA:ARKW opened at $149.12 on Friday. ARK Next Generation Internet ETF has a 52 week low of $78.62 and a 52 week high of $183.00. The firm’s 50-day simple moving average is $156.65 and its 200 day simple moving average is $158.98. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 45.71 and a beta of 1.93.

ARK Next Generation Internet ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a dividend of $2.3516 per share. The ex-dividend date of this dividend was Friday, December 26th. This represents a dividend yield of 155.0%.

ARK Next Generation Internet ETF Profile

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 managed by ARK.