ARKK, COIN, ROKU, PATH: ETF Outflow Alert
From NASDAQ Inc.:
Summary: The ARK Innovation ETF (ARKK) saw a $237.6 million outflow, a 2.7% decrease in shares outstanding. Notable underlying components include drops in Coinbase Global Inc and Roku Inc, and a rise in UiPath Inc.
Summary: The chart depicts ARKK’s one-year price performance compared to its 200-day moving average. The 52-week range is $33.38 to $54.52 per share, with the last trade at $48.96 per share.
Summary: ETFs trade as units and experience inflows (new units created) and outflows (old units destroyed), impacting underlying holdings. Notable changes in shares outstanding data indicate substantial inflows or outflows.
Summary: In addition to ARKK, 9 other ETFs experienced notable outflows. The news article also highlighted institutional holders of TIKK, WTS stock predictions, and UEPS YTD return. The views expressed in the article are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
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