Ark ETF News

Fundamentun LLC purchased a new stake in ARK Innovation ETF (NYSEARCA:ARKK) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,241 shares of the companys stock, valued at approximately $248,000. A number of other large investors also recently added to or reduced []

"Staggering 1-Day Moves": Nomura Warns The Market "Remains Shockingly Dysfunctional" Earlier today we observed that amid the market turmoil of the past month, hedge funds have been unwinding net exposure at a furious pace and selling (or shorting) to retail investors, who paradoxically have been buying at the fastest pace on record . We got some incremental data this morning from Goldman, which noted that the bank''s prime book (hedge fund-facing) was heavily net sold to start December ( largest 1-day $ net selling since September, -2.5 SDs vs. the average daily net flow of the past year) , driven by continued short sales and to a much lesser extent long sales (9 to 1). The frenzied shorting, which occurred in the context of sharp net deleveraging ... probably explains why stocks are surging today as the crowd is now scrambling to cover. What about recent developments in the arcane world of Greeks? Well, despite the furious melt-up short squeeze, Nomura''s Charlie McElligott warns that there remains risk of further systematic de-leveraging as previously dormant realized vol finally crashed-up to stress already well-flagged by previously discussed spikes in Skew, Put Skew, rVol : iVol, Term Structure, etc.

Stewardship Advisors LLC decreased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 88.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,969 shares of the companys stock after selling 38,451 shares during the period. Stewardship Advisors LLCs holdings in ARK Innovation []

The broad market relief rally on Monday left many so-called stay-at-home stocks behind, dealing another blow to Cathie Woods ARK Innovation fund. The $18.6 billion ARK Innovation fund, which outperformed all other US-based equity funds last year due to its outsized holdings of stocks that rallied during the economic lockdowns, dropped 0.5 percent in morning

Coastal Investment Advisors Inc. cut its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,610 shares of the companys stock after selling 353 shares during the quarter. Coastal Investment Advisors []

Canal Capital Management LLC reduced its holdings in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 3.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 25,611 shares of the companys stock after selling 887 shares during the period. Canal Capital Management LLCs holdings in ARK Innovation ETF were worth $2,831,000 at the end []

Cathie Wood''s Sweet Superficial Success Submitted by QTR''s Fringe Finance Live by the bullshit growth narrative sword, die by the bullshit growth narrative sword. At least, I think thats how the old expression goes. On my last podcast , while ranting in a stream of consciousness about Cathie Wood and her firm, Ark Invest, I brought up an interesting point that nobody on the financial news networks, or any of her investors, seem to notice: without Teslas raging (and mysterious ) success, there is no Cathie Wood success story. Sure, youve heard this one before from me, but bear with me. And dont get me wrong, I have defended Woods success more than once, including when Vanity Fairs William Cohan labeled her a charlatan on a podcast I did with him. I want to give credit where it is due because, even if Wood is a one trick pony, she has brilliantly wound up parlaying that one trick into billions of dollars under management. Hell, even Madoff must have had some decent organizational and marketing skills.

Cathie Wood Claims Investors Selling Now Will Miss The Next Swing Higher While Cathie Wood''s ARKK has plunged about 15% this year - at the same time major market indexes are all up over 20% - the asset manager has doubled down on the strategy of general lunacy and, sounding like a guy standing next to the scratch off lottery ticket dispenser at your local 7-11, is now claiming that she''s "really concerned" that investors leaving her funds now are leaving on "downward momentum" and that they''ll miss the next swing higher. Wood has called this pullback in most ARKK components "one of the best buying periods for her strategy," Yahoo News/Bloomberg reported this week. The "asset manager" said during a webinar organized by Bloomberg Intelligence this week: Our concern for our clients is so significant that I get really upset when I think that theyre selling at the low or the other way around is buying into the high. At the high late last year and into January and February, I was saying, Were going to have a correction, keep some powder dry, keep some powder dry. Now that U.S. listed Chinese names have also collapsed, Wood - who happened to be close to Archegos'' Bill Hwang , and his investments - talked about her foresight to hold off on investing in those names. We dont think its true that China is un-investable.

Pacific Wealth Strategies Group Inc. increased its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 8.8% during the third quarter, HoldingsChannel.com reports. The fund owned 30,120 shares of the companys stock after acquiring an additional 2,428 shares during the period. ARK Innovation ETF makes up approximately 1.2% of Pacific Wealth Strategies Group Inc.s holdings, []

Veracity Capital LLC trimmed its stake in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 14.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,565 shares of the company’s stock after selling 439 shares during the quarter. Veracity Capital LLC’s holdings in ARK Innovation […]

Ark Invest''s flagship ETF Ark Innovation scooped up 538,573 shares of video conferencing company Zoom Video on Tuesday.

Don''t Look Now, But Cathie Wood''s Ark Is Taking On Water Among the biggest losers over the last 48 hour tech stock volatility has beenwell, everything in Cathie Wood''s "flagship" ARKK portfolio. Ergo, Wood''s ARKK fund has continued its dismal year, looking as though it could be heading back toward double digits any day now. Key components of Cathie Wood''s ARKK fund, including Tesla, Zoom, Spotify and DraftKings, are all lower in trading on Tuesday. Tesla is down more than 5% and names like Spotify and DraftKings were also down more than 5% at their lows during the cash session. Astute observers online are also starting to point out what can only be described as a massively widening delta between ARKK and all major indexes - to the tune of a whopping 40%! How long can investors ignore numbers like these from their favorite "active manager" before funds begin a deluge out of the way of all things Cathie Wood? $ARKK -16% YTD $QQQ +26% YTD $SPY +25% YTD DR. LUCID (@DRLUCID520) November 23, 2021 In addition, Wood''s Ark Genomic Revolution ETF has also been suffering outflows in November as returns lag.

IFG Advisory LLC grew its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 43.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,532 shares of the companys stock after purchasing an additional 1,374 shares during the quarter. IFG []

The due diligence of ARK Innovation ETF and its long-term stock plays. Continue reading on Due Diligence »

Creative Financial Designs Inc. ADV boosted its position in shares of ARK Innovation ETF (NYSEARCA:ARKK) by 151.3% in the third quarter, Holdings Channel reports. The fund owned 3,048 shares of the companys stock after purchasing an additional 1,835 shares during the quarter. Creative Financial Designs Inc. ADVs holdings in ARK Innovation ETF were worth $337,000 []