ARK Next Generation Internet ETF (ARKW)
ARK Next Generation Internet ETF operates in the Asset Management industry of the Financial Services sector, headquartered in St. Petersburg, FL, US. The stock last traded at $151.13, up 0.81% on the session, giving a market capitalisation of $1.85B. Its beta of 2.34 implies it has historically moved more than the broad market.
ARK ETF Trust - ARK Next Generation Internet ETF is an exchange traded fund launched and managed by ARK Investment Management LLC. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across information technology, next generation internet sectors include focused on and expected to benefit from shifting the bases of technology infrastructure from hardware and software to the cloud, enabling mobile and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental and quantitative analysis with bottom-up and top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index and the MSCI World Index. The fund employs internal research to create its portfolio. ARK ETF Trust - ARK Next Generation Internet ETF was formed on September 30, 2014 and is domiciled in the United States.
ARK Next Generation Internet ETF is most often compared with the following Financial Services names: