Search results
Results from the WOW.Com Content Network
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 ...
Market watchers were taken aback when Cathie Wood’s flagship Ark fund fell 24% in 2021. This year, the widely popular ETF logged an even bigger loss in just the first quarter alone.
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.
It was founded by Cathie Wood in 2014. [4] [5] At the height of February 2021, the company had US$50 billion in assets under management. [6] As of October 2023, assets had dropped to $6.71 billion, after a period of poor performance. [7]
Cathie Wood focuses on disruptive tech stocks in her exchange-traded funds (ETF), and she's developed a following of investors who are interested in tracking her thoughts and ideas. For example ...
Cathie Wood didn't jump on the artificial intelligence (AI) bandwagon. Her Ark Innovation ETF has been invested in AI for more than a decade. The exchange-traded fund (ETF) lists AI at the top of ...
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 ...
Cathie Wood built a name for herself and her investment firm Ark Invest by racking up some huge gains between 2017 and 2020 in the exchange-traded fund Ark Innovation ETF (NYSEMKT: ARKK).However ...