ARK Innovation ETF Experiences Big Outflow
From Nasdaq:
The ARK Innovation ETF (ARKK) saw a $92.2 million outflow last week, a 1.1% decrease in shares outstanding. Top components include Coinbase Global Inc (COIN) up 0.8%, Block Inc (SQ) up 1.3%, and CRISPR Therapeutics AG (CRSP) down 1.6%. ARKK’s 52-week range is $33.76 to $54.52, currently trading at $51.68.
ETFs trade like stocks, with units bought and sold. Weekly shares outstanding data reveals notable inflows or outflows, impacting individual components. Check out which 9 other ETFs experienced outflows. Find Funds Holding VICI, GMFI market cap history, and Funds Holding QPT. Views expressed are those of the author.
Read more at Nasdaq: ARK Innovation ETF Experiences Big Outflow