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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.
Perhaps first and foremost, although each of Ark's ETFs is industry-focused, Wood and Ark's fund managers aren't buying and holding stocks and then letting time do most of the heavy lifting.
Here are the top holdings in the Ark Innovation ETF as of Sept. 30, 2024. The following five companies make up 44.3 percent of all fund holdings, according to the Ark Innovation ETF factsheet. Tesla
In 2014, after her idea for actively managed exchange-traded funds (ETFs) based on disruptive innovation was deemed too risky by AllianceBernstein, Wood left the company and founded ARK Invest. [8] [3] [13] [14] The company is named after the Ark of the Covenant; Wood was reading the One-Year Bible at the time. [15]
Data source: Ark Invest. As of 8/30/2024. These top five holdings make up about 34% of the fund's assets. To be perfectly clear, the fund's goal is to deliver outsize returns, and that means ...
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 ...
The Tuttle Capital Short Innovation ETF (SARK) is an American inverse exchange-traded fund (ETF) listed on the Nasdaq. The ETF launched in November 2021 and is designed to provide returns inverse, on a daily basis, of the ARK Innovation ETF (ARKK), an actively managed ETF by Cathie Wood 's Ark Invest .
William Scherer, who has served as a trading manager at ARK since 2014, has been appointed to handle investments in place of Wood for the company’s two index funds, ARK 3D Printing ETF and ARK ...
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