Ark Invest Makes Early Investment in Coinbase Shares coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.
Traders work on the floor of the New York Stock Exchange, November 12, 2008. U.S. stocks extended losses on Wednesday after Treasury Secretary Henry Paulson said his department would consider capital needs of non-bank financial institutions, renewing concerns about the scope of problems in the U.S. economy. Reuters/Brendan McDermid
Markets dealt with clashing forces that created volatility last quarter.
While volatility is likely to persist in the near term, UBS remains positive on risk assets.
The bank details six ways in which investors can adjust their portfolios accordingly.
The first quarter of this year turned out to be an interesting period for the markets.
Surprise! Cathie Wood Just Bought a Deep Value Stock fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
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Special purpose acquisition companies (SPACs) were a hot topic for investors in 2020 and continue to be a big story in 2021. While SPACs have lost some of the initial buzz surrounding them, some of the larger names going public via this method are attracting interest from mutual funds and ETFs.
Ark Funds CEO Cathie Wood has been adding several SPACs to the company’s ETFs. Here is a look at 10 SPACs and former SPACs that are owned in the Ark Funds.
DraftKings: Online sports betting company
DraftKings Inc (NASDAQ: DKNG) is held in two Ark Funds ETFs. The
Ark Next Generation Internet ETF (ARCA:ARKW) owns 1.38 million shares of DraftKings valued at $98.7 million. The stock is the 30th largest holding in the ETF and represents 1.3% of the fund’s assets. DraftKings is also held in the