TRADES
Latest Trades
59
results found
FUND
DATE
ACTION
TICKER
COMPANY
SHARES
% of ETF
ARKX 3 Aug 2021 Sell RAVN RAVEN INDUSTRIES INC 25 0.0002
ARKX 2 Aug 2021 Sell RAVN RAVEN INDUSTRIES INC 25 0.0002
ARKX 30 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 50 0.0005
ARKX 29 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 262 0.0025
ARKQ 26 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 82 0.0002
ARKX 26 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 1,800 0.0172
ARKQ 23 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 900 0.0019
ARKQ 22 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 8,500 0.0174
ARKQ 21 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 166,409 0.3418
ARKQ 20 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 190,828 0.3988
ARKQ 19 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 64,892 0.1323
ARKQ 16 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 22,146 0.0444
ARKQ 14 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 37,241 0.0726
ARKQ 13 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 9,703 0.0188
ARKQ 8 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 43,000 0.0832
ARKQ 7 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 157,635 0.3015
ARKX 7 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 54,049 0.4992
ARKX 6 Jul 2021 Sell RAVN RAVEN INDUSTRIES INC 59,210 0.5448
ARKQ 30 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 116,575 0.2147
ARKQ 29 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 8,104 0.0150
ARKQ 28 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 51,714 0.0970
ARKQ 21 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 249,071 0.4987
ARKX 21 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 133,233 1.2575
ARKQ 17 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 402 0.0006
ARKQ 16 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 12,814 0.0189
ARKQ 15 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 32,733 0.0477
ARKQ 14 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 11,742 0.0174
ARKQ 11 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 24,235 0.0359
ARKQ 10 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 4,442 0.0068
ARKQ 9 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 6,936 0.0107
ARKQ 8 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 9,987 0.0154
ARKX 1 Jun 2021 Sell RAVN RAVEN INDUSTRIES INC 12,285 0.0871
ARKX 27 May 2021 Sell RAVN RAVEN INDUSTRIES INC 13,600 0.0970
ARKX 26 May 2021 Sell RAVN RAVEN INDUSTRIES INC 9,215 0.0653
ARKX 24 May 2021 Sell RAVN RAVEN INDUSTRIES INC 1,242 0.0090
ARKQ 24 Mar 2021 Buy RAVN RAVEN INDUSTRIES INC 26,899 0.0278
ARKQ 23 Mar 2021 Buy RAVN RAVEN INDUSTRIES INC 183,463 0.1829
ARKQ 26 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 19,872 0.0215
ARKQ 25 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 28,584 0.0311
ARKQ 24 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 404 0.0004
ARKQ 23 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 39,099 0.0391
ARKQ 22 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 473 0.0005
ARKQ 19 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 5,911 0.0100
ARKQ 17 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 14,414 0.0133
ARKQ 16 Feb 2021 Buy RAVN RAVEN INDUSTRIES INC 18,463 0.0173
ARKQ 8 Jan 2021 Buy RAVN RAVEN INDUSTRIES INC 71,793 0.1252
ARKQ 7 Jan 2021 Buy RAVN RAVEN INDUSTRIES INC 1,998 0.0036
ARKQ 6 Jan 2021 Buy RAVN RAVEN INDUSTRIES INC 200 0.0004
ARKQ 5 Jan 2021 Buy RAVN RAVEN INDUSTRIES INC 23,201 0.0428
ARKQ 4 Jan 2021 Buy RAVN RAVEN INDUSTRIES INC 8,641 0.0161
ARKQ 9 Dec 2020 Buy RAVN RAVEN INDUSTRIES INC 10,214 0.0261
ARKQ 8 Dec 2020 Buy RAVN RAVEN INDUSTRIES INC 42,000 0.0997
ARKQ 7 Dec 2020 Buy RAVN RAVEN INDUSTRIES INC 8,290 0.0196
ARKQ 2 Dec 2020 Buy RAVN RAVEN INDUSTRIES INC 22,648 0.0527
ARKQ 1 Dec 2020 Buy RAVN RAVEN INDUSTRIES INC 51,390 0.1196
ARKQ 30 Nov 2020 Buy RAVN RAVEN INDUSTRIES INC 31,319 0.0740
ARKQ 14 Oct 2020 Buy RAVN RAVEN INDUSTRIES INC 48,260 0.1585
ARKQ 13 Oct 2020 Buy RAVN RAVEN INDUSTRIES INC 82,454 0.2642
ARKQ 12 Oct 2020 Buy RAVN RAVEN INDUSTRIES INC 18,800 0.0600
Latest Blogs
ARK by Cathie Wood is still suffering a year after its apex.

Cathie Wood's flagship exchange-traded fund hit an all-time high in February of this year. Her preferred disruptive-tech chasing strategy may still be in for a lot of suffering after a year and a 53 percent fall.

After a dramatic decline last month, the ARK Innovation ETF (ticker: ARKK) has steadied off - it's practically flat in February – but the headwinds surrounding its speculative growth picks are just becoming more vital. Many businesses that thrived during the pandemic are being hammered by the economic reopening, not only because yields are rising as investors prepare for the US Federal Reserve to raise interest rates, which is terrible news for unprofitable businesses, but also because the economic reopening is hammering many of the businesses that thrived during the pandemic.

Roku, Teladoc, and Zoom, all winners in the work-from-home era, have had their stock prices plummet by as much as 74% in the past year.

Short bets against ARK, according to IHS Markit data, hit a fresh high of 11.4 percent of outstanding shares this week. The Tuttle Capital Short Innovation ETF (SARK), which beats the ARK, now has assets worth more than $US300 million ($416 million).

"Those equities are supported by speculation, and speculation pays less well when the Fed raises rates," said Brent Schutte, chief investment strategist at Northwestern Mutual Wealth Management Co. "Much of what's happening in the market reminds me of what happened in the late 1990s when market segments were bid up to levels based on future assumptions."

Because its price chart resembles that of the Nasdaq index of technology businesses from more than two decades ago, analogies to that period and the dot-com implosion that followed are becoming more common in discussions of ARK.

"Today marks the 253rd trading day from ARK's all-time high," Jessica Rabe, co-founder of DataTrek Research, wrote in a Tuesday note, "while the Nasdaq was down 60% from its dot-com bubble top on the same day in 2001."

"If 2000/2001 analog holds, we should see ARK continuing to fall over the following three weeks. The Nasdaq dropped 18.7% in the next 16 trading days "recent."

Net flows are positive.

The better news for investors and Ms. Wood is that there may be some immediate respite. The Nasdaq rose 41% in six weeks in 2001 before falling.

The ARK Investment Management did not respond to a request for comment.

Most of ARK's $US15 billion asset loss has been attributed to bad performance, a plus for the company. Since the fund achieved an intraday high of $US159.70 a year ago this week, investors have withdrawn only around $US465 million, and ARK's net flows this year are positive despite a more than 20% drop.

This exceptional loyalty prevents a worsening situation and allows Wood's approach to recovering. The star fund manager has consistently emphasized that her funds have a five-year investment horizon and that she believes in many good options.

Mr. Schutte, on the other hand, says the drop is understandable because several of the company's biggest bets, such as Teladoc and Zoom, are becoming less significant as COVID-19 approaches.

"During the pandemic, there were a lot of questions about what would happen to society and how we'd go about our lives," he added.

"You drew in new investors who wanted to know "what are the upcoming themes I should invest in?" I believe you got a washout of it as well."

On Friday, Cathie Wood sold $148.9 million worth of Palantir stock, halving her exposure.

Ark Investment Management, run by Cathie Wood, sold more Palantir Technologies Inc PLTR -6.39 percent shares on Friday, cutting its stake in the Peter Thiel-backed company.

According to Friday's closing price, the famous investment management firm sold 13.5 million shares of the big data company, valued at $148.9 million.

Palantir's stock fell 6.4 percent to $11.02 per share on Friday. The stock has lost 16% of its value in the last week.

Before Friday's trade, Ark Invest held 25.53 million shares in Palantir, suggesting that the famous stock picker had trimmed over 52 percent of its total keeping a day later.

After the business disclosed lower-than-expected fourth-quarter earnings before the market opened on Thursday, Ark Invest, located in St. Petersburg, California, dumped shares in Palantir for the second time.

The software firm, well-known for its work with government organizations, posted earnings of 2 cents per share, falling short of the analyst consensus of 4 cents. The company recorded quarterly revenues of $432.87 million, higher than the $417.69 million predicted by analysts.

Palantir's stock had been sold for 4.77 million shares by the investment firm the day before.

All six of Ark Invest's active exchange-traded funds own Palantir stock, including the flagship Ark Innovation ETF ARKK -4.88 percent.

Before the recent sell-off, Ark Invest had been stockpiling Palantir shares for months.

Cathie Wood appeared on television to defend her ARK funds' dismal performance. It didn't go quite as planned.

The Ark Innovation ETF (ARKK), Cathie Wood's flagship fund, is down 30% year to date and more volatile than almost any other fund on the market. On CNBC's Halftime Report, Wood jumped at the chance to defend the fund and its deflated price, which is currently $68.80, down from $155 a year ago.

"We've seen a significant decline," Wood said, adding, "We feel innovation is at bargain basement zone." Even though her ETF was underperforming, she emphasized that her companies were still "very inexpensive" and that the current fund loss was temporary. When the call's 40 free minutes were finished, Zoom gave her an extra 10 minutes to complete the interview.

Having Zoom check to see whether she was "running out of time?" Wood, who has been aggressively buying up shares in Zoom and other IT firms that have fallen from their pandemic highs, was unhappy. Zoom, like Wood's other significant tech holdings, Teladoc Health, Roku, and Roblox, is down 20% to 40% year to date as investors worry about rising interest and inflation rates.

However, a significant chunk of the interview was devoted to a personal assault on Cathie Wood, who was named the most excellent stock picker in 2020 by Bloomberg's then-Editor-in-Chief Matthew Winkler after correctly forecasting that Tesla will one day be valued at more than $1 trillion.

Wood bluntly ignored Tuttle Capital Management's Short Innovation ETF (SARK), which tracks the inverse performance of ARKK using swaps contracts for the sole purpose of betting against Cathie Wood's selections. "They're not conducting any research." She explained, "All they're doing is shorting innovation."

Of course, SARK is betting against Cathie Woods, not on innovation. "Well, we stand for invention," Wood responded. The SARK ETF has gained 55 percent since its debut, whereas the ARKK ETF has declined by 42 percent.

Tuttle Capital Management CEO Matthew Tuttle chimed in on the SARK ETF, calling it a "tool" for investors. According to SARK, "to convey a negative view of the market, innovative enterprises, the current rising rate environment, or a [specific] portfolio manager if they wish." "It's un-American not to have options in the marketplace," Tuttle told Insider on Thursday.

In any event, Wood is making progress. Her main concern currently is bearish calls on her ETF. "Our major concern is that our investors convert temporary losses into long-term losses," Wood continued.