Mosley Wealth Management Buys New Shares in ARK Next Generation Internet ETF $ARKW

Mosley Wealth Management bought a new stake in shares of ARK Next Generation Internet ETF (BATS:ARKW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 6,462 shares of the company’s stock, valued at approximately $955,000.

A number of other large investors also recently modified their holdings of the company. Mattson Financial Services LLC lifted its stake in shares of ARK Next Generation Internet ETF by 7.9% during the 4th quarter. Mattson Financial Services LLC now owns 29,401 shares of the company’s stock valued at $4,343,000 after buying an additional 2,144 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of ARK Next Generation Internet ETF by 2.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 70,014 shares of the company’s stock valued at $10,343,000 after buying an additional 1,976 shares in the last quarter. Simplex Trading LLC purchased a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $91,000. VVR Holdings LLC purchased a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $276,000. Finally, Lido Advisors LLC purchased a new position in shares of ARK Next Generation Internet ETF during the 4th quarter valued at $211,000.

ARK Next Generation Internet ETF Stock Performance

ARKW opened at $140.06 on Friday. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 45.71 and a beta of 1.89. The firm’s fifty day moving average is $139.10 and its 200 day moving average is $139.22. ARK Next Generation Internet ETF has a fifty-two week low of $113.36 and a fifty-two week high of $183.00.

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.