From The Motley Fool · Ben Gran · · 1m
Cathie Wood's Ark Invest Portfolio Hits $15.4 Billion
Cathie Wood's Ark Invest ETF now holds $15.4 billion in assets, with 18% in Tesla, AMD, and SpaceX.
In brief
Cathie Wood's Ark Invest ETF now holds $15.4 billion in assets, with 18% in Tesla, AMD, and SpaceX. Cathie Wood's Ark Invest portfolio grew to $15.4 billion last quarter, with 18% in Tesla, AMD, and SpaceX. Originally reported by The Motley Fool.
Ark Invest Portfolio Growth
Cathie Wood's Ark Invest portfolio grew to $15.4 billion last quarter.
Key Holdings in ARKK
Tesla, AMD, and SpaceX make up about 18% of ARKK assets.
ARKK Holdings Breakdown
Advanced Micro Devices holds 1.75%, SpaceX 6.42%, and Tesla 9.74% of ARKK assets.
ARKK Performance History
ARKK has delivered 14.3% annualized returns since 2014 but underperformed the S&P 500 after fees.
Recent ARKK Underperformance
ARKK lost money for the past five years with negative annualized returns of -4.06%.
VGT as Alternative
Vanguard Information Technology ETF (VGT) offers 20.9% average annual returns with lower fees.
Here's the gist
Cathie Wood's Ark Invest portfolio grew to $15.4 billion last quarter, with 18% in Tesla, AMD, and SpaceX.
