TRADES
Latest Trades
68
results found
FUND
DATE
ACTION
TICKER
COMPANY
SHARES
% of ETF
ARKW 1 Mar 2022 Sell SKLZ SKILLZ INC 49 0.0000
ARKW 25 Feb 2022 Sell SKLZ SKILLZ INC 50 0.0000
ARKW 23 Feb 2022 Sell SKLZ SKILLZ INC 560 0.0001
ARKK 17 Feb 2022 Sell SKLZ SKILLZ INC 166 0.0000
ARKW 17 Feb 2022 Sell SKLZ SKILLZ INC 2,500 0.0004
ARKK 16 Feb 2022 Sell SKLZ SKILLZ INC 5,536 0.0002
ARKW 16 Feb 2022 Sell SKLZ SKILLZ INC 14,855 0.0024
ARKK 10 Feb 2022 Sell SKLZ SKILLZ INC 207,618 0.0071
ARKW 10 Feb 2022 Sell SKLZ SKILLZ INC 79,053 0.0126
ARKK 3 Feb 2022 Sell SKLZ SKILLZ INC 34,866 0.0010
ARKW 3 Feb 2022 Sell SKLZ SKILLZ INC 13,184 0.0019
ARKK 1 Feb 2022 Sell SKLZ SKILLZ INC 3,114,813 0.1142
ARKW 1 Feb 2022 Sell SKLZ SKILLZ INC 1,269,304 0.2240
ARKK 31 Jan 2022 Sell SKLZ SKILLZ INC 7,482,277 0.3066
ARKW 31 Jan 2022 Sell SKLZ SKILLZ INC 3,650,486 0.6903
ARKK 28 Jan 2022 Sell SKLZ SKILLZ INC 1,230,427 0.0469
ARKK 26 Jan 2022 Sell SKLZ SKILLZ INC 2,453,465 0.0977
ARKK 25 Jan 2022 Sell SKLZ SKILLZ INC 67,732 0.0026
ARKK 24 Jan 2022 Sell SKLZ SKILLZ INC 185,981 0.0073
ARKK 21 Jan 2022 Sell SKLZ SKILLZ INC 96,671 0.0038
ARKK 20 Jan 2022 Sell SKLZ SKILLZ INC 1,222,178 0.0558
ARKW 19 Jan 2022 Sell SKLZ SKILLZ INC 584,565 0.1105
ARKW 18 Jan 2022 Sell SKLZ SKILLZ INC 462,624 0.0847
ARKK 27 Dec 2021 Sell SKLZ SKILLZ INC 67,105 0.0033
ARKK 18 Nov 2021 Buy SKLZ SKILLZ INC 257,636 0.0138
ARKW 18 Nov 2021 Buy SKLZ SKILLZ INC 494,859 0.0986
ARKK 17 Nov 2021 Buy SKLZ SKILLZ INC 1,005,512 0.0535
ARKK 5 Nov 2021 Buy SKLZ SKILLZ INC 976,357 0.0495
ARKK 4 Nov 2021 Buy SKLZ SKILLZ INC 1,084,817 0.0550
ARKK 28 Oct 2021 Buy SKLZ SKILLZ INC 18,090 0.0009
ARKK 27 Oct 2021 Buy SKLZ SKILLZ INC 53,340 0.0027
ARKK 26 Oct 2021 Buy SKLZ SKILLZ INC 426,782 0.0212
ARKW 26 Oct 2021 Buy SKLZ SKILLZ INC 318,230 0.0621
ARKW 25 Oct 2021 Buy SKLZ SKILLZ INC 202,978 0.0411
ARKW 22 Oct 2021 Buy SKLZ SKILLZ INC 530,747 0.0981
ARKK 21 Oct 2021 Buy SKLZ SKILLZ INC 2,112,856 0.0989
ARKK 5 Oct 2021 Sell SKLZ SKILLZ INC 952,252 0.0456
ARKK 29 Sep 2021 Sell SKLZ SKILLZ INC 967,790 0.0504
ARKW 30 Jul 2021 Sell SKLZ SKILLZ INC 87,511 0.0205
ARKW 29 Jul 2021 Sell SKLZ SKILLZ INC 254,716 0.0622
ARKK 28 Jul 2021 Sell SKLZ SKILLZ INC 921,897 0.0592
ARKW 28 Jul 2021 Sell SKLZ SKILLZ INC 449,275 0.1136
ARKK 27 Jul 2021 Sell SKLZ SKILLZ INC 537,196 0.0334
ARKK 13 May 2021 Buy SKLZ SKILLZ INC 964,450 0.0709
ARKK 12 May 2021 Buy SKLZ SKILLZ INC 441,784 0.0313
ARKK 7 May 2021 Buy SKLZ SKILLZ INC 1,114,735 0.0863
ARKK 6 May 2021 Buy SKLZ SKILLZ INC 2,296,224 0.1707
ARKW 6 May 2021 Buy SKLZ SKILLZ INC 83,896 0.0217
ARKK 5 May 2021 Buy SKLZ SKILLZ INC 1,968,185 0.1537
ARKW 5 May 2021 Buy SKLZ SKILLZ INC 1,166,730 0.3010
ARKK 4 May 2021 Buy SKLZ SKILLZ INC 2,717,021 0.2122
ARKW 4 May 2021 Buy SKLZ SKILLZ INC 354,633 0.0977
ARKK 3 May 2021 Buy SKLZ SKILLZ INC 720,962 0.0530
ARKK 23 Apr 2021 Buy SKLZ SKILLZ INC 3,873 0.0003
ARKK 22 Apr 2021 Buy SKLZ SKILLZ INC 1,222,207 0.0847
ARKK 21 Apr 2021 Buy SKLZ SKILLZ INC 4,014,903 0.2621
ARKW 21 Apr 2021 Buy SKLZ SKILLZ INC 1,056,186 0.2513
ARKW 25 Mar 2021 Buy SKLZ SKILLZ INC 745,700 0.2108
ARKW 11 Mar 2021 Buy SKLZ SKILLZ INC 632,223 0.2163
ARKW 9 Mar 2021 Buy SKLZ SKILLZ INC 486,500 0.1700
ARKW 8 Mar 2021 Buy SKLZ SKILLZ INC 61,259 0.0224
ARKW 4 Mar 2021 Buy SKLZ SKILLZ INC 942,700 0.3525
ARKW 26 Feb 2021 Buy SKLZ SKILLZ INC 105,694 0.0392
ARKW 25 Feb 2021 Buy SKLZ SKILLZ INC 189,969 0.0700
ARKW 28 Jan 2021 Buy SKLZ SKILLZ INC 268,200 0.1100
ARKW 19 Jan 2021 Buy SKLZ SKILLZ INC 429,074 0.1900
ARKW 5 Jan 2021 Buy SKLZ SKILLZ INC 244,637 0.0899
ARKW 4 Jan 2021 Buy SKLZ SKILLZ INC 215,897 0.0747
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.