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In early 2021, Cathie Wood's ARK Invest managed $59B across 6 funds, becoming the world's largest active ETF manager. However, by April 2024, heavy outflows and underperforming holdings have caused assets under management to plummet to $11.1B. ....
In early 2021, Ark Invest, led by tech investor Cathie Wood, managed a staggering $59 billion across six funds, making it the world’s largest active ETF manager. Three years later, a significant 80% downturn occurred, with assets under management in those funds plummeting to just $11.1 billion. This decline can be attributed to a combination of factors, including high interest rates dampening Wood’s long-term speculative tech investments and the subsequent wave of outflows from disillusioned inv ....
Tesla Inc. (NASDAQ:TSLA) shares surged on Monday, propelling the electric vehicle maker back to the top holding in Cathie Wood‘s flagship Ark Innovation ETF (NYSE:ARKK). ....
Cathie Wood: Latest Trades $NVDA $COIN $ROKU - Live Trading News livetradingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livetradingnews.com Daily Mail and Mail on Sunday newspapers.
Crispr, Intellia, and Recursion gain as Ark ETFs boost stakes seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.