Inside ARK Innovation's Big Stakes in Small Companies
This popular ETF stands apart from its peers with unusually large ownership of many stocks in its compact portfolio.
Investors flooding ARK Innovation ETF (ARKK) with new money in recent months are holding an exchange-traded fund with an unusually large number of outsize ownership stakes in small and midsize companies.
When combined with positions held in some of ARK Investment Management's other fast-growing ETFs, the result is a lineup with a significant single-company portfolio exposures.
Katherine Lynch does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.