With ARKW, investors gain exposure to cloud computing firm, the rising cryptocurrency phenomenon, social media, the Internet of things and wearable technology, among other new wave technology trends.

ARKW’s top-10 lineup features familiar names such as Apple (NasdaqGS: AAPL), Facebook (NasdaqGS: FB), Twitter (NYSE: TWTR), LinkedIn (NYSE: LNKD) and Charles Schwab. ARKW’s have a weighted average market cap of $80 billion and a median market value of $13 billion, according to Ark data.

The two new ETFs charge 0.95%, which is pricey in the ETF world, but inexpensive when considering a comparable thematic mutual fund is likely to charge 1.5% to 2% per year.

Increased demand for the products and the potential for a more favorable regulatory environment could make actively managed ETFs a $500 billion asset class by 2020, according to a report released in June by SEI Investments. [Big Growth Seen for Active ETFs]

ARK nvestment Management has filed with the Securities and Exchange Commission for two additional funds: ARK Genomic Revolution Multi-Sector ETF (ARKG), and a composite of the three thematic funds (ARKK), according to the statement.

ARKW Top-20 Holdings

ATHNATHENAHEALTH INC5.58%
AAPLAPPLE INC4.91%
FBFACEBOOK INC-A4.44%
CRMSALESFORCE.COM INC4.24%
TWTRTWITTER INC4.13%
NNETSUITE INC3.95%
NVDANVIDIA CORP3.89%
TCEHYTENCENT HOLDINGS LTD-UNS ADR3.60%
SCHWSCHWAB (CHARLES) CORP3.43%
NFLXNETFLIX INC3.42%
LNKDLINKEDIN CORP – A3.39%
GOOGGOOGLE INC-CL C2.94%
AMZNAMAZON.COM INC2.93%
DISWALT DISNEY CO/THE2.71%
RHTRED HAT INC2.70%
INTUINTUIT INC2.53%
QCOMQUALCOMM INC2.47%
BABAALIBABA GROUP HOLDING-SP ADR2.44%
CSODCORNERSTONE ONDEMAND INC2.40%
DATATABLEAU SOFTWARE INC-CL A2.25%

Table Courtesy: Ark Investment Management

Tom Lydon’s clients own shares of Apple, Facebook and Tesla.