ARK Innovation Fund Has Reshuffled Its Holdings. What That Means for Investors. – Impresario

Posted on April 3, 2021 by Design in Design Innovation | 0 Comments

Pretty much everything changed in 2020—some things more than others.

The ARK Innovation exchange-traded fund (ticker: ARKK) went from a somewhat sleepy actively managed fund that returned 36% in 2019, to the top performer in 2020, returning 153% and making its manager, ARK Investment founder Cathie Wood , a household name. But ARK Innovation is having a rough 2021: After rising another 26% by mid-February, the $22 billion ETF has tumbled over the past six weeks, and is now down 9% year to date. Investors need to understand…

Visit the Source: https://www.barrons.com/articles/ark-innovation-fund-has-reshuffled-its-holdings-what-that-means-for-investors-51616800226?siteid=yhoof2&yptr=yahoo