%% Sounds about right; except he is a short term trader. A lot of it is compenents , so ARKQ[tech]+ ARKW do better than some of the junk in ARKK. I've traded some ARK ETFs , a bit, so like SARK, SH, qqq, so some may do better with trades than investments. QQQ cant even beat SPY benchmark all the time............................ BUT i never weight management fees much; many of ETFs i do \some have management fees like SQQQ\QID almost 1% Like SCHW warns ''not suitable for all investors'' LOL, not in that right now
Cathie Wood’s Ark Pares Holdings of Top Pick Bitcoin Trust Abhishek Vishnoi, Bloomberg News Catherine Wood Photographer: Lauren Justice/Bloomberg , Bloomberg (Bloomberg) -- While Cathie Wood has been touting her bullish stance on Bitcoin in recent months, her firm ARK Investment Management actually cut holdings in the Grayscale Bitcoin Trust. Ark Next Generation Internet ETF has sold more than 700,000 shares of Bitcoin Trust since Oct. 23, according to the ETF provider’s daily trading data compiled by Bloomberg. It offloaded 36,168 shares on Wednesday. Bitcoin Trust enables investors to gain exposure to Bitcoin in the form of security. The sales have taken place even as Bitcoin rose to its highest level since May 2022 earlier this month, rallying despite the uncertainty caused by policymakers taking action against crypto founders Changpeng “CZ” Zhao of Binance Holdings Ltd. and Sam Bankman-Fried of FTX. The cryptocurrency has more than doubled this year. Ark’s officials didn’t respond to Bloomberg’s e-mailed queries. US markets were closed for a Thanksgiving holiday on Thursday. Wood touted Grayscale Bitcoin Trust as her top pick at the Sohn Australia conference at the Sydney Opera House on Friday, according to the Australian Financial Review. Ark was the fourth largest holder of the trust with 5.6 million units as of Sept. 30, data compiled by Bloomberg show. The daily trading updates from Ark show only active decisions by the management team and do not include creation or redemption activity caused by investor flows. Ark’s internet ETF is up 65% for the year compared with a 46% advance in the Nasdaq 100 Index. ©2023 Bloomberg L.P.
Grayscale vs ARKK (red) in percentage change 12 months. This woman seems she requires help to save herself.
She’s a proper marketing machine and quite successful at it. When you realize this: 1. You will understand what Wall Street really is about. 2. You will understand that she doesn’t need saving.
%% NO WONDER; ARKK has 11.38% crypto cr*p; If ior any could avoid cr*p\12% of the time + she has =good job. YOURE right on the money/ honey. I like Sunrise\ duck blind\ before noon. Old Ford/ 3 chords + the truth. Luke Combs/ Love On Loving Song > 53 ,037,777Video views/
ARKK $53.79 USD +23.33 (76.59%)year to date Closed: Dec 27, 7:14 AM EST • Disclaimer Pre-market 54.10 +0.31 (0.58%)
ARKK is still one of the best mid cap growth funds out there. It completely blows away the MDY. ARKF actually blew away ARKK mainly because of the move since November 1 which was +53% in 8 weeks. I still think the best strategy is still to buy SOXL+FNGU. SOXL +232.6% YTD FNGU +451.7% YTD TARK +133.0% YTD (TARK == 2 x ARKK) MDY +15.7% ARKK +72.2% ARKF +95.0%
The last two months ARKK has certainly made up some ground, but if we compare it to its ATH'S s with SMH, this is what it looks like for buy and hold investors.... The last two months: ARKK + 58% SMH + 27%