Saysumthinfunnymike
VOTE!!!
i was hype for it but after seeing the holdings i could get the same returns on VOOI guess that should also tell me to stay away from this etf...I think I’m going to find a way to get my Arks down to just ArkK
i was hype for it but after seeing the holdings i could get the same returns on VOOI guess that should also tell me to stay away from this etf...I think I’m going to find a way to get my Arks down to just ArkK
I guess that should also tell me to stay away from this etf...I think I’m going to find a way to get my Arks down to just ArkK
lol, i feel like all of ARK's ETF's stretch the line by including some of the most tangentially related companies@Slim
@dora_da_destroyer @GoldenGlove
like I get the rationale behind including those types of companies I’m just more at the fact that why don’t they just include the underlying companies that have those direct ties to space travel.
like in a way this says
“yeah, 3D printing will be used in space travel, but with the X amount of companies in the ARK 3D printing ETF, we have no idea which ones will be penetrating that business line. So fukk it, just use the ETF.”
lol, i feel like all of ARK's ETF's stretch the line by including some of the most tangentially related companies
Hofv up 31% on the day
Amazing scene
they are holding off on spec names which tells me they don't think growth can bounce back anytime soon.
In a filing late last week, Ark altered the prospectuses for its exchange-traded funds to remove clauses limiting its exposure and concentration risks.
The changes eliminate a 30% cap on how much of each fund’s assets could be invested in the securities of a single entity, and a 20% limit on the amount of a company’s shares an ETF could own.
It also introduced language acknowledging funds may buy into blank-check firms and noting the risks of buying shares in special-purpose acquisition companies that haven’t yet decided what businesses they’ll own. The ARK Autonomous Technology & Robotics ETF (ticker ARKQ) last week bought shares of a SPAC backed by tennis star Serena Williams.
These are eye-catching changes for Ark, founded by Wood in 2014. Concerns have swirled around the New York-based firm in recent months after a stellar year saw ETF assets surge at one point to more than $60 billion. Ark invests in companies involved with disruptive trends, which mean it has a limited pool of targets in which to deploy that money.
“It seems like they’re willing to take on more single-stock risk if they truly believe in a company,” said Mohit Bajaj, director of ETFs for WallachBeth Capital. “It’s truly active management.”
Cathie Wood’s ETFs Ditch Ownership Caps, Add SPAC Warning
This actually says the exact opposite.
Auntie Cathie is with the shyts from what this article is saying in relation to their recent changes to their exposure limits
I feel you, but it's a glimpse into what the space sector will be comprised of. We typically just think and focus on space travel, but there's hella other factors beyond that. For example, the companies that manufacture the parts for the satellites and spacecrafts will get exposure here. I think it's only a matter of time before some of the tickers that we've been kind of expecting to be in here are added. The holdings did feel like some trolling ass shyt tho@Slim
@dora_da_destroyer @GoldenGlove
like I get the rationale behind including those types of companies I’m just more at the fact that why don’t they just include the underlying companies that have those direct ties to space travel.
like in a way this says
“yeah, 3D printing will be used in space travel, but with the X amount of companies in the ARK 3D printing ETF, we have no idea which ones will be penetrating that business line. So fukk it, just use the ETF.”
True. But can you blame her for not buying a lot right now when tech, growth and high speculative stocks are shaky. Maybe she's waiting to see if some of the ones we expected to be in fall down some more before purchasing?the holdings says otherwise but we will see..
True. But can you blame her for not buying a lot right now when tech, growth and high speculative stocks are shaky. Maybe she's waiting to see if some of the ones we expected to be in fall down some more before purchasing?
Amazing scene