What is ARKK & how does it work?

ARKK is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital by investing under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation.

What is Ark innovation ETF (ARKK)?

The ARK Innovation ETF (ARKK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that seeks long-term capital growth from companies globally involved with, or that benefit from, disruptive innovation. ARKK was launched on Oct 31, 2014 and is managed by ARK.

What's happening with the Ark Innovation Fund?

CNBC's Deirdre Bosa reports on the latest news from the Ark Innovation Fund. Once the largest actively managed ETF, the fund has shrunk to roughly $9 billion. There was a time when Cathie Woods and her flagship ARKK Innovation ETF NYSEARCA: ARKK could do no wrong.

Who is Ark invest?

ARK Invest was founded by Catherine D. Wood, better known as Cathie Wood to focus solely on disruptive innovation while adding new dimensions to research. Cathie Wood has over 40 years of experience identifying and investing in innovation.