On March 13, 2025, ARK Investment Management announced that the ARK Innovation ETF (ARKK) will move its primary listing from the NYSE to another exchange, aiming to enhance trading efficiency. In 2024, ARKK's performance lagged the broader market, with a 12% increase compared to the S&P 500's 24% rise. This contrasts with a strong 2023, where ARKK outperformed with a 68% gain versus the S&P 500's 25%. ARK Invest continues to focus on disruptive technologies, including AI, DNA sequencing, robotics, EVs, fintech, and blockchain. As of March 14, 2025, the fund adapts to evolving market dynamics, emphasizing strategic flexibility for investors.
ARK Innovation ETF to Shift Primary Listing Amidst Performance Fluctuations
Edited by: Yuliya Shumai
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