Could you please provide a detailed overview of the top 10 holdings in the ARKK ETF? I'm particularly interested in knowing what companies and sectors make up this fund's largest allocations, as well as any insights you might have into why these specific investments were chosen. Are there any trends or themes that unite these top holdings, and how do they align with the overall investment objectives of the ARKK ETF? Additionally, how have these top holdings performed over the past year, and what are some potential risks associated with investing in them?
7 answers
amelia_jackson_environmentalist
Tue Jul 30 2024
The top 10 holdings in the portfolio account for 60.01% of the total assets under management. Roku, Inc. holds the first position with an 8.46% share.
Martino
Tue Jul 30 2024
Block, Inc., formerly known as Square, comes in second with a 5.70% allocation. This company has transitioned from a payments processor to a broader financial technology company.
SumoPowerful
Tue Jul 30 2024
Roblox Corporation, the third largest holding, represents 5.25% of the portfolio. The company is known for its platform that allows users to create and share their own games.
Claudio
Tue Jul 30 2024
Robinhood Markets, Inc. follows closely behind with a 5.02% share. Robinhood is a popular trading platform that offers commission-free stock, ETF, and options trading.
Valentino
Mon Jul 29 2024
CRISPR Therapeutics AG, a biotechnology company, holds a 4.95% allocation. The company is known for its work in developing gene-editing technologies.