Ark Funds

Some might have called Matthew Tuttle crazy for betting against famed stock picker Cathie Wood in 2021. Instead, an ETF that trades against the Ark Innovation ETF (ARCA: ARKK) from Wood has turned into a very profitable investment for those willing to take a chance against high growth names. What...

Apex cryptocurrency Bitcoin remains the most valuable in the world with a market capitalization of $879 billion, more than double that of second place Ethereum. Despite the high valuation, Bitcoin is still down from all-time highs set in November 2021. Here’s a look at what a return to...

A metaverse related stock has found its way into an ETF from Ark Funds. Here’s the stock and what Ark Funds CEO Cathie Wood has said about the metaverse investment opportunity. What Happened: The Ark Autonomous Technology & Robotics ETF (BATS: ARKQ) took an initial stake in Matterport Inc...

After years of outpacing market returns, the ETFs from Ark Funds have lagged the market and are seeing more bearish bets placed against them. Here’s the latest on the bets against Ark and its founder Cathie Wood. What Happened: Sen. Tommy Tuberville is betting against the Ark...

Cathie Wood is the founder, CEO and chief investment officer of Ark Funds, an investment management firm that focuses solely on disruptive innovation and offers investment solutions to investors seeking long-term growth in the public markets. ARK has more than $40 billion in assets under...

The Ark Funds ETFs have been hit hard in 2022 with growth stocks among the laggards as investors turned to value stocks. Many stockholders have begun to question high multiples attached to once favored high growth “innovative” companies. Further pressure could come for...

An ETF filed Thursday would bet against one of the most loved stocks and companies and could create a battle with the world’s richest person. What Happened: Direxion filed an ETF called Direxion Daily TSLA Bear 1X Shares. The ETF would bet against Tesla Inc (NASDAQ: TSLA) on a daily basis and...

Cathie Wood's ARK Invest ETFs are some of the hottest funds after 2020's huge stock market gains.  The ARK Innovation ETF (NYSE: ARKK) grew more than 152% in 2020, beating the Nasdaq's 43.6% return. In 2021, the ARKK ETF sharply underperformed the Nasdaq. For the year, ARKK...

The start of 2022 has seen SPAC mergers called off and the valuation of some deals lowered. On Thursday, a previously announced SPAC merger announced an increased valuation. Here's what investors need to know.  What Happened: Circle announced the termination of an existing merger agreement...

One of the biggest and most well-known ETF companies is launching a new closed-end fund that provides major differences from its existing ETFs. What Happened: Ark Funds, the company founded by Cathie Wood, has filed to launch Ark Venture, a new interval fund. Ark Venture can invest in...

Every day, Benzinga TV covers the biggest topics of the stock market. Benzinga’s new weekly highlights show features the top ten events of the previous week. Follow Benzinga on YouTube for daily shows committed to providing the best market news and commentary.  Here are the top ten stock...

Barstool Sports founder Dave Portnoy is no stranger to sharing his stock and cryptocurrency purchases with his followers on Twitter Inc (NYSE: TWTR). On Friday, Portnoy shared a huge purchase of Bitcoin (CRYPTO: BTC). What Happened: Portnoy took to Twitter to share that he bought 29.5169 Bitcoin a...

Every night, an email comes out from Ark Investment Management highlighting the stocks that were bought or sold by the firm's ETFs. In recent months, the emails have been known to cause certain stocks to spike in the after-hours session. Ark Founder and CEO Cathie Wood joined Benzinga for an...

One of the best-known and well-covered ETF companies over the past five years has been ARK Invest, led by Cathie Wood. With the funds falling over the past year and hitting new lows, Benzinga asked which fund would be favored to buy and hold. What Happened: Benzinga routinely polls its Twitter...

Benzinga debuted a new show on its YouTube channel Friday. The show will air every Friday and recap the top events of the week for stock traders. Here are the top ten stock market moving headlines of the past week. 10: Tesla Fourth Quarter Deliveries: Electric vehicle giant Tesla Inc (NASDEQ:TSLA)...