4,880 Shares in ARK Next Generation Internet ETF $ARKW Bought by EMC Capital Management

EMC Capital Management bought a new stake in shares of ARK Next Generation Internet ETF (BATS:ARKW) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,880 shares of the company’s stock, valued at approximately $712,000. ARK Next Generation Internet ETF makes up approximately 0.3% of EMC Capital Management’s holdings, making the stock its 23rd largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ARKW. Lam Group Inc. grew its stake in shares of ARK Next Generation Internet ETF by 126.2% during the second quarter. Lam Group Inc. now owns 6,560 shares of the company’s stock worth $950,000 after acquiring an additional 3,660 shares during the last quarter. Western Wealth Management LLC increased its holdings in shares of ARK Next Generation Internet ETF by 15.7% during the first quarter. Western Wealth Management LLC now owns 7,720 shares of the company’s stock valued at $931,000 after acquiring an additional 1,049 shares in the last quarter. Wealth Watch Advisors INC raised its position in shares of ARK Next Generation Internet ETF by 95.6% in the 1st quarter. Wealth Watch Advisors INC now owns 2,163 shares of the company’s stock valued at $261,000 after purchasing an additional 1,057 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in ARK Next Generation Internet ETF in the 1st quarter worth approximately $61,000. Finally, Crescent Grove Advisors LLC boosted its stake in ARK Next Generation Internet ETF by 2.3% in the 1st quarter. Crescent Grove Advisors LLC now owns 33,908 shares of the company’s stock worth $4,090,000 after purchasing an additional 750 shares in the last quarter.

ARK Next Generation Internet ETF Trading Up 0.2%

BATS:ARKW opened at $152.78 on Thursday. The company has a market cap of $2.17 billion, a PE 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 company’s 50 day moving average is $146.88 and its two-hundred day moving average is $138.92.

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.