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ARK Investment Management LLC (commonly referred to as "ARK" or "ARK Invest") is an American investment management firm based in St. Petersburg, Florida, that manages several actively managed exchange-traded funds (ETFs). [3] It was founded by Cathie Wood in 2014.
Her flagship ARK Innovation exchange-traded fund (ETF) has received accolades for its performance in 2017, 2020 and 2023, but is also considered by Morningstar to be the third highest "wealth destroyer" investment fund from 2014–2023, losing US$7.1 billion of shareholder value in ten years.
Cathie Wood, the founder of investment management firm Ark Invest, is known for her aggressive bets on disruptive technologies. Her flagship fund, the Ark Innovation ETF (ARKK), made headlines in ...
Data source: Ark Invest, Cathiesark.com. Table by author. According to that data, Wood and her team reduced their holdings of Palantir across Ark's various funds by roughly 1.9 million shares ...
Cathie Wood’s ARK Invest is inviting retail investors to bet on Tesla CEO Elon Musk’s private startups and possibly profit from his newfound closeness to President-elect Donald Trump in the ...
Momentum is starting to roll Cathie Wood's way. The Ark Invest co-founder, CEO, and chief investment officer is losing to the market for the third time and has had a couple of choppy years since ...
On the off-chance you're reading this and aren't familiar with them, Ark Invest manages a family of exchange-traded funds intended to "focus solely on investing in disruptive innovation." Each ...
Data source: Ark Invest, Cathie's Ark. Portfolio weightings are accurate as of Sept. 17, 2024, and are subject to change. Tesla is more than just an electric vehicle manufacturer.
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