ARKK, COIN, ZM, ROKU: ETF Outflow Alert

From Nasdaq:

The ARK Innovation ETF (Symbol: ARKK) experienced a week-over-week outflow of approximately $114.8 million, representing a 1.4% decrease in shares outstanding. Coinbase Global Inc (COIN) saw a 1.3% increase in trading, while Zoom Video Communications Inc (ZM) and Roku Inc (ROKU) experienced declines. The one year price performance of ARKK versus its 200 day moving average is also shown in a chart.

ARKK’s 52 week range saw a low point of $33.76 per share and a high point of $54.52, with the most recent trade at $46.06. Comparing the share price to the 200 day moving average can be a useful technical analysis tool.

Exchange traded funds (ETFs) trade like stocks, with units bought and sold by investors. New units are created or destroyed based on investor demand, which impacts underlying holdings of the ETF. Large flows can also impact individual components held within ETFs.

To find out which 9 other ETFs experienced notable outflows, click here. Also, links to historical earnings and stock price information are provided.



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