Ameritas Advisory Services LLC Sells 8,411 Shares of ARK Next Generation Internet ETF $ARKW

Ameritas Advisory Services LLC trimmed its holdings in ARK Next Generation Internet ETF (NYSEARCA:ARKW) by 96.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 325 shares of the company’s stock after selling 8,411 shares during the period. Ameritas Advisory Services LLC’s holdings in ARK Next Generation Internet ETF were worth $57,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its stake in ARK Next Generation Internet ETF by 39.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 209 shares of the company’s stock worth $36,000 after acquiring an additional 59 shares during the period. Golden State Wealth Management LLC grew its holdings in shares of ARK Next Generation Internet ETF by 66.7% during the 3rd quarter. Golden State Wealth Management LLC now owns 250 shares of the company’s stock worth $44,000 after purchasing an additional 100 shares in the last quarter. Root Financial Partners LLC acquired a new stake in shares of ARK Next Generation Internet ETF during the 3rd quarter worth $52,000. Headlands Technologies LLC bought a new position in shares of ARK Next Generation Internet ETF in the second quarter worth $46,000. Finally, PNC Financial Services Group Inc. raised its stake in ARK Next Generation Internet ETF by 90.2% in the second quarter. PNC Financial Services Group Inc. now owns 348 shares of the company’s stock valued at $51,000 after purchasing an additional 165 shares in the last quarter.

ARK Next Generation Internet ETF Stock Down 0.5%

ARKW opened at $123.79 on Friday. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 45.71 and a beta of 1.93. ARK Next Generation Internet ETF has a twelve month low of $78.62 and a twelve month high of $183.00. The company has a 50-day simple moving average of $142.00 and a 200 day simple moving average of $155.74.

ARK Next Generation Internet ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a $2.3516 dividend. The ex-dividend date 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.