ARK Space Exploration & Innovation ETF (ARKX)
| Assets | $402.36M |
| NAV | $16.49 |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Shares Out | 24.40M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -20.73% |
| Volume | 422,476 |
| Open | 16.16 |
| Previous Close | 16.49 |
| Day's Range | 15.99 - 16.51 |
| 52-Week Low | 15.61 |
| 52-Week High | 15.61 |
| Beta | -1.34 |
| Holdings | 36 |
| Inception Date | Mar 30, 2021 |
About ARKX
The fund is an actively-managed exchange-traded fund (ETF) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in its investment theme of Space Exploration and Innovation. Under normal circumstances, substantially all of the fund's assets will be invested in equity securities, including common stocks, partnership interests, business trust shares and other equity investments or ownership interests in business enterprises. It is non-diversified.
Top 10 Holdings
56.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Trimble | TRMB | 9.40% |
| The 3D Printing ETF | PRNT | 7.73% |
| Kratos Defense & Security Solutions | KTOS | 7.42% |
| L3Harris Technologies | LHX | 6.17% |
| Iridium Communications | IRDM | 5.88% |
| KOMATSU LTD | 6301 | 5.71% |
| JD LOGISTICS INC | 2618 | 4.03% |
| AeroVironment | AVAV | 3.59% |
| DASSAULT SYSTEMES SE | DSY FP | 3.36% |
| UiPath | PATH | 3.19% |
News
As New Trends Emerge, Space Investing Can Gain Momentum
Successful 2021 space flights by SpaceX and Blue Origin, among others, helped usher space investing into the mainstream. So did the launch of the ARK Space Exploration and Innovation ETF (ARKX).
5 Successful ETF Launches of 2021
After a smashing 2020, the pace of ETF launches has been robust in 2021. In 2021, we saw about a record 445 new products (per a Bloomberg article).
ARK Funds Leaking Assets
After a period of underperformance, some ARK investors are jumping ship.
Cathie Wood said Ark Invest would buy stock in Lucid and Rivian if the companies enter the autonomous vehicle space
"If we saw Lucid and Rivian getting into the autonomous world, especially Rivian ... that might be more interesting," Cathie Wood told CNBC.
There's a Space Land Grab Happening — ARKX Could Benefit
Space is the final frontier, and while it's implicit that there's plenty of, well, space there, there's a rush to put more satellites into orbit to power broadband internet. That rush, which some expert...
ARK's Unique Strategies for Navigating Volatility in Innovation
Market volatility affects all companies, but can be particularly fraught for innovative firms. It is not unexpected that companies that are creating ideas that will define the future could hit challenge...
Innovation: How to Navigate Through Periods of Volatility With ARK Invest
As markets cycle through equities and generate volatility, this can impact some innovative companies. However, pullbacks are often opportunities for investors to capitalize on the innovations that can c...
Race to Space Investing Is On — ARKX Could Benefit
Billionaires, such as Jeff Bezos, Richard Branson, and Elon Musk, are racing to get space. Actually, that trio has already been successful in doing just that, and that's a big reason why they dominate t...
Did Cathie Wood beat the benchmark in the third quarter?
Macro headwinds sure made it challenging for investors to make good money out of the benchmark S&P 500 index in the third quarter. But did ones with money in Cathie Wood's Ark ETFs had it any better?
Space Investing Is on Record Pace This Year
Good timing is undeniably beneficial to new exchange traded funds regardless of underlying investment objective. That sentiment is proving accurate for the ARK Space Exploration and Innovation ETF (ARKX...
ARKX: A More Exciting Avenue to Aerospace Stocks
Aerospace and defense stocks reside in the industrial sector — a group not necessarily known for being high-octane or thrilling. However, there are some fresher approaches to aerospace and defense stock...
Wright's Law Arriving in Important Space Investment Segment
Recently, several companies, including Virgin Galactic (NYSE:SPCE) and Elon Musk's SpaceX, executed successful space flights. Those headlines stoked interest in exchange traded funds, such as the ARK Sp...
ARK Buys Back Into China Stocks
The active ETF maven builds positions in select China stocks.
ARKX Angling Its Way to Space ETF Leadership
Home to $627 million in assets under management, the ARK Space Exploration and Innovation ETF (ARKX) is undoubtedly one of 2021's most successful new exchange traded funds. Making that number all the mo...
Investing in the Final Frontier
Last month, billionaires Richard Branson and Jeff Bezos each participated in space flights, stoking the flames of the viability of space tourism. That's a boon for exchange traded funds like the ARK Spa...
103: Siloization of Wall Street | ‘The Switch' with ARK Invest
On this episode of The Switch, host Ren Leggi, Client Portfolio Manager for ARK Invest, and ETF Trends CEO Tom Lydon and CIO Dave Nadig discuss the siloization on Wall Street. Siloization in this case r...
After Branson's Historic Flight, What's Next for Space Investing?
Space travel is generating plenty of buzz these days as Virgin Galactic (SPCE) founder Richard Branson recently traveled to the edge of space. He was followed soon after by Amazon (AMZN) founder Jeff Be...
Why This Surprising Sector Is Suddenly Hot
Deal activity is a sign that the agriculture sector is heating up in 2021.
Space ETFs Land At Right Time
Investors have options with space-related ETFs, but one is poised to shoot for the stars.
3 Stocks for the New Space Race
The post 3 Stocks for the New Space Race appeared first on Millennial Money. Welcome to the new space race! Much has changed from the halcyon days of America's space program, when bragging rights agains...
Active Funds Are Dominating 2021 ETF Launches
The first half of 2021 brought a torrid pace of exchange traded funds debuts, with 200 rookie ETFs coming to market. As CFRA Research Director of ETF & Mutual Fund Research Todd Rosenbluth points out, m...