ARK Next Generation Internet ETF $ARKW Stock Position Raised by Lam Group Inc.

Lam Group Inc. increased its holdings in shares of ARK Next Generation Internet ETF (BATS:ARKW) by 126.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 6,560 shares of the company’s stock after buying 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 Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ARKW. CWM LLC boosted its stake in ARK Next Generation Internet ETF by 20.1% in the fourth quarter. CWM LLC now owns 140,200 shares of the company’s stock valued at $20,712,000 after acquiring an additional 23,467 shares during the period. Ameritas Advisory Services LLC raised its position in shares of ARK Next Generation Internet ETF by 2,196.6% during the 4th quarter. Ameritas Advisory Services LLC now owns 7,464 shares of the company’s stock worth $1,103,000 after purchasing an additional 7,139 shares during the period. Kestra Private Wealth Services LLC lifted its holdings in shares of ARK Next Generation Internet ETF by 113.5% in the 4th quarter. Kestra Private Wealth Services LLC now owns 7,480 shares of the company’s stock worth $1,105,000 after purchasing an additional 3,976 shares during the last quarter. Osbon Capital Management LLC bought a new stake in shares of ARK Next Generation Internet ETF in the 4th quarter worth approximately $898,000. Finally, Kestra Advisory Services LLC boosted its position in ARK Next Generation Internet ETF by 5.2% during the 1st quarter. Kestra Advisory Services LLC now owns 126,005 shares of the company’s stock valued at $15,197,000 after purchasing an additional 6,251 shares during the period.

ARK Next Generation Internet ETF Price Performance

Shares of ARKW opened at $149.91 on Wednesday. The company has a market cap of $2.13 billion, a P/E ratio of 45.71 and a beta of 1.89. The stock has a fifty day moving average price of $143.37 and a 200 day moving average price of $136.85. ARK Next Generation Internet ETF has a 12 month low of $113.36 and a 12 month high of $183.00.

ARK Next Generation Internet ETF Company 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 issued by ARK.