Notable ETF Outflow Detected – ARKK, COIN, ROKU, PATH
From Nasdaq Inc.:
The ARK Innovation ETF (ARKK) experienced a $170.5 million outflow, marking a 2.1% decrease in shares outstanding. Coinbase Global Inc (COIN) saw a 4.2% decrease, Roku Inc (ROKU) was down 0.7%, and UiPath Inc (PATH) decreased 4%. ARKK’s 52-week range is $33.76 to $54.52, with a last trade of $47.34. ETFs trade in units, with new units created to accommodate investor demand, impacting the individual components within ETFs.
The chart below shows the one year price performance of ARKK, versus its 200 day moving average.
ARKK’s 52-week range is $33.76 to $54.52, with a last trade of $47.34.
ETFs trade like stocks, with “units” bought and sold. Each week, shares outstanding data is monitored to track ETFs experiencing notable inflows or outflows. Large flows can impact individual components held within ETFs.
See which 9 other ETFs experienced notable outflows.
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