ARK Next Generation Internet ETF
ARKW
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Catherine Wood
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 Central Avenue St. Petersburg FL United States of America 33701
- IPO Date
- Sep 30, 2014
- CIK
- 0001579982
- Website
- ark-invest.com
- Similar Companies
- Business
- ARK Next Generation Internet ETF (ARKW) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing primarily, at least 80% of its assets, in domestic and U.S.-listed foreign equity securities of companies relevant to the next generation internet theme. The fund targets companies focused on and expected to benefit from the shift of technology infrastructure to the cloud, the enabling of mobile, new, and local services, and the increased use of shared technology, infrastructure, and services; internet-based products and services; new payment methods; big data; the internet of things; and social distribution and media. These companies develop, produce, or enable intelligent devices; next generation cloud technologies; neural networks; digital wallets; autonomous mobility; cryptocurrencies; and smart contracts. ARKW provides exposure to artificial intelligence, next generation cloud, intelligent devices, public blockchains, and digital wallets, with an emphasis on firms transforming the internet and financial services through these innovations. The ETF operates in the investment management industry, specifically within the thematic equity segment targeting disruptive technologies in technology (32.76%), communication services (19.36%), consumer discretionary (16.22%), financial services (14.96%), and other sectors. It serves retail and institutional investors seeking growth-oriented exposure to high-potential, volatile innovation-driven equities, with a concentrated portfolio that includes both established leaders and emerging innovators across public markets. Geographically, ARKW invests in U.S.-listed securities, including American Depositary Receipts of foreign companies, providing global exposure through domestic trading accessibility. ARKW was incepted in 2014 and is managed by ARK Investment Management LLC, headquartered in St. Petersburg, Florida. The fund trades primarily on the Cboe BZX Exchange following its change of listing from NYSE Arca, completed on March 31, 2025. In September 2024, ARK Investment Management acquired Rize ETF, expanding its global footprint with UCITS-compliant strategies for European and other international markets while incorporating impact-focused offerings. These developments enhance ARKW's active management adaptability amid evolving technology breakthroughs, such as the generative AI surge catalyzed by tools like ChatGPT since late 2023.