Cathie Wood’s ARK Investment Management is planning to roll out a new exchange traded fund focused on transparency, and which will shun oil and gas, alcohol, bank and gambling stocks.
Apple AAPL, -0.84%, Netflix NFLX, +0.53%, Chipotle Mexican Grill CMG, -0.66%, Coinbase COIN, -1.39% and Tesla TSLA, +0.66% are among the names included in that transparency index, with many of those companies already included in ARK’s other funds. The veteran money manager Wood raked in billions last year via her group of ETFs that focused on high growth innovation stocks, which were star performers during the first year of the pandemic. But this year has seen some of her biggest ETFs struggle to match last year’s stunning gains — the popular ARK Innovation ARKK, -0.62% exchange-traded fund is down about 2% year to date after soaring 148% in 2020.
wow
Wow sounds like something for virgins
How about a no China etf?