ARK Space Exploration & Innovation ETF (ARKX)
| Assets | $275.46M |
| NAV | $13.18 |
| Expense Ratio | 0.75% |
| PE Ratio | 20.43 |
| Shares Out | 20.90M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| 1-Year Return | -32.96% |
| Volume | 25,765 |
| Open | 13.14 |
| Previous Close | 13.18 |
| Day's Range | 13.14 - 13.20 |
| 52-Week Low | 11.77 |
| 52-Week High | 19.68 |
| Beta | 1.07 |
| Holdings | 37 |
| Inception Date | Mar 30, 2021 |
About ARKX
The ARK Space Exploration & Innovation ETF (ARKX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively selects global companies engaged in space exploration and innovation. The fund seeks long-term capital growth. ARKX was launched on Mar 30, 2021 and is managed by ARK.
Top 10 Holdings
57.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Trimble Inc. | TRMB | 10.07% |
| Iridium Communications Inc. | IRDM | 7.45% |
| AeroVironment, Inc. | AVAV | 7.31% |
| L3Harris Technologies, Inc. | LHX | 6.19% |
| Kratos Defense & Security Solutions, Inc. | KTOS | 6.02% |
| The 3D Printing ETF | PRNT | 5.84% |
| KOMATSU LTD | 6301 | 4.66% |
| Deere & Company | DE | 3.94% |
| Teradyne, Inc. | TER | 3.22% |
| Blade Air Mobility, Inc. | BLDE | 3.20% |
News
As Winter Sets in for Ukraine, ARKX Poised for Drone Orders
No other event impacted markets this year like the Russian invasion of Ukraine. The Russian military started a new offensive this week looming over Ukraine's liberation of previously-occupied Kherson.
ARKK Takes in Nearly Half Billion in September Flows
The ARK Innovation ETF (ARKK) accreted nearly half a billion dollars from investors in September. ARK Invest's flagship fund saw $441 million in net inflows in September, bringing the year-to-date net i...
Reducing Turnaround Time in Rocket Reuse Key to Turbocharging Space Exploration
Rapid rocket reusability is key to lowering launch costs, turbocharging space exploration, and thus propelling investments in the segment. SpaceX has been able to reduce rocket reuse time from 27 to 21 ...
As Stocks Rebound, Augment Your Equity Holdings with ARKX
The S&P 500 is on track to record its best month since November 2020, and investors are wise to be venturing back into equities – particularly growth stocks – while they're still trading at a discount.
Space Investing Outlook Supported by $1 Trillion Forecast
Space equities and the related exchange traded funds are out of favor this year, but investors may want to consider not being dismissive of assets such as the ARK Space Exploration ETF (ARKX) because th...
5 Cathie Wood Stocks to Buy Now
ARK Invest funds led by Cathie Wood seek long-term capital growth and focus mainly on disruptive innovation. Here's a look a five related stocks to consider.
Why Investors Should Consider ETFs That Target Innovation Platforms
Investors should keep an eye on innovative platforms-related exchange traded funds to capture tomorrow's growth ideas today. In the recent webcast, Refining Your Innovation Exposure: How to Access Tomor...
Don't Fight Over Aerospace & Defense ETFs, Understand Them
The S&P 500 Index is down to start the year, hurt in part because of the elevated geopolitical risks caused by Russia's invasion of Ukraine. In spite of this, there are always some bright spots where mo...
TD Ameritrade: Todd Rosenbluth Talks ETFs to Watch
ETF Trends' head of research, Todd Rosenbluth, stopped by the TD Ameritrade Network this week to discuss the ETFs to watch amid global changes. First off, Rosenbluth notes disproportionately high exposu...
Space Stocks Could Win as Russia Moves Away From Industry
Russia's ongoing war with Ukraine is casting a pall over the former's economy and place on the world stage. Some experts also believe it could be a drag on Russia's space program, which is often a sourc...
Aerospace and Defense ETFs Rallying on Russia-Ukraine War
The attack in Ukraine has raised the prospect of higher military spending, pushing the aerospace and defense stocks higher.
Space ETF at the Center of Future Connectivity
As the space investment thesis evolves, more investors are realizing that the final frontier is about much more than space tourism. Sure, space travel is interesting and grabs headlines, but from an inv...
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...