Lee s Summit, MO (PRWEB) February 03, 2022 Liquid Logics, a NextGen FinTech company offering a fully cloud-based SaaS Loan Management System to facilitate
Source: Ark
52-Week Range: $33.37 – 64.49
Expense Ratio: 0.75% per year
Our first choice is an exchange-traded fund (ETF). The ARK Fintech Innovation ETF is an actively managed fund run by Cathie Wood’s
Ark Invest. It invests in businesses that focus on the fintech sector.
ARKF, which typically invests in 35-55 companies, currently has 43 holdings. The fund began trading in February 2019. The leading ten names account for more than 47% of net assets of $4 billion.
Information technology (IT) has the highest sectoral allocation with 38.2%, followed by communication services (22.8%), consumer discretionary (16.3%) and financials (15.6%).
Among the top names in the ARKF are Square and PayPal (discussed in detail below), online real estate platform