Cathie Wood’s ARK Innovation ETF, an exchange-traded fund that seeks to buy stocks that benefit from disruptive innovation, was surging Wednesday but remained down for the year, according to FactSet ...
Wood's firm manages the ARKInnovationETF (ARKK), which has a variety of holdings in tech players like Tesla (TSLA), Palantir Technologies (PLTR), and Coinbase Global (COIN). Wood calls ...
Since the Ark Fintech Innovation ETF's launch in February 2019, it has climbed 52%. During that same nearly six-year stretch, the S&P 500 index has generated a total return of 132%. Clearly, the ...