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Cathie Wood’s ARK Invest plans ‘ARKX’ space exploration ETF to tap the growing industry – CNBC
Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX.
Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday.
While the ETF’s constituents have yet to be announced, shares of space companies Virgin Galactic and Maxar Technologies each jumped more than 8% in after hours trading.
Ark Invest is coming off a wildly successful 2020, with its flagship ARK Innovation fund returning more than 170% last year and growth in assets…
