Emerald Advisers LLC acquired a new position in shares of ARK Genomic Revolution Multi-Sector ETF (NYSEARCA:ARKG – Get Rating) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,696 shares of the company’s stock, valued at approximately $104,000. Other hedge funds also recently added […]
SignalPoint Asset Management LLC trimmed its holdings in shares of ARK Genomic Revolution Multi-Sector ETF (NYSEARCA:ARKG – Get Rating) by 26.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,730 shares of the company’s stock after selling 2,426 shares during […]
SignalPoint Asset Management LLC reduced its stake in ARK Genomic Revolution Multi-Sector ETF (NYSEARCA:ARKG – Get Rating) by 26.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,730 shares of the company’s stock after selling 2,426 shares during the quarter. SignalPoint […]
Transcend Wealth Collective LLC raised its stake in ARK Genomic Revolution Multi-Sector ETF (NYSEARCA:ARKG – Get Rating) by 25.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,367 shares of the company’s stock after acquiring an additional 1,701 shares during the period. Transcend […]
Author Bio
Daniel has been writing for Fool.com since 2019. A fan of value and dividend stocks, he covers the industrial sector, oil and gas, and renewable energy. He graduated summa cum laude from the University of Houston with a BBA in finance and marketing and a certificate in personal financial planning.
Cathie Wood, the CEO of ARK Invest, is known for finding hypergrowth names with upside potential. The three largest holdings in ARK s six actively managed funds are
Tesla,
Square, and
Teladoc. None of the three is cheap by traditional valuation metrics like price to sales (P/S) or price to earnings (P/E). But ARK believes that these companies, and others like them, will lead to a doubling of U.S. GDP to $40 trillion by 2035.