Are Innovative Growth ETFs Reflecting a Turn for the Better?
June 07, 2022 at 08:42 AM EDT
ARK Invest’s flagship exchange traded fund has gained momentum, outperforming the broader U.S. markets since bottoming out in mid-May, as traders saw an opportunity to buy the high-growth strategy on the cheap. The ARK Innovation Fund (NYSEArca: ARKK) advanced 17% since its bottom on May 11,...