Arkq Stock Price Performance and Investment Details

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ArkQ stock price has been a topic of interest for many investors.

The fund's inception date was July 2019, and it was launched by Cathie Wood, a well-known investor and founder of ARK Invest.

Cathie Wood's investment strategy focuses on disruptive innovation and growth stocks.

The fund's primary objective is to provide long-term capital appreciation by investing in companies that are leaders in their respective fields.

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Stock Performance

The ARKQ stock price has seen significant fluctuations over the years, with a high of $144.24 in February 2021 and a low of $22.48 in March 2020.

One key factor contributing to the stock's performance is its focus on disruptive innovation, particularly in the healthcare and technology sectors.

The fund's exposure to companies like Teladoc Health, which has seen a significant increase in demand for virtual healthcare services, has been a major driver of its returns.

In the past year, ARKQ has outperformed the S&P 500, with a gain of 114.9% compared to the index's 27.2% gain.

The fund's emphasis on companies with high growth potential has led to significant volatility, but also the potential for substantial returns.

The ARKQ stock price has been impacted by the COVID-19 pandemic, with a significant decline in March 2020 as the pandemic spread globally.

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Investment Details

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Credit: pexels.com, A trader confidently viewing stock market charts on multiple monitors in a modern workspace.

The ARK Autonomous Technology & Robotics ETF focuses on investments in tech and scientific research, including AI, automation, and robotics.

Catherine Wood and her ARK Innovation Fund have continued to navigate a tough year, and the fund's buying activity in Q2 was based on price weakness.

The fund's focus on AI and automation has serious upside potential, making it a top stock in Wood's portfolio.

About

Cathie Wood's ARK Innovation Fund focuses on investing in companies that are transforming the energy industry through innovations in energy storage, new sources of energy, and new materials for energy production.

The fund has a strong interest in artificial intelligence, which includes companies that design, create, or deliver robotics, autonomous technology, and AI products, software, or systems.

Companies in the fund's portfolio are also those that develop building block components for robotics, autonomous technology, or AI, such as advanced machinery, semiconductors, and databases used for machine learning.

Recommended read: Energy Stocks

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One of the top stocks in Cathie Wood's portfolio has serious AI upside, making it an attractive investment opportunity for those interested in this field.

These companies are pushing the boundaries of what is possible with AI, and their innovations have the potential to drive significant growth and returns in the future.

Fund Details

The fund in question is the ARK Autonomous Technology & Robotics ETF, which was launched on September 30, 2014.

The fund's family name is ARK ETF TRUS, and it's domiciled in the United States.

The manager of the fund is Catherine Wood, who oversees the investment strategy.

Here are the key details about the fund:

  • Legal Name: ARK Autonomous Technology & Robotics ETF
  • Fund Family Name: ARK ETF TRUS
  • Inception Date: Sep 30, 2014
  • Shares Outstanding: 22,299,192
  • Currency: USD
  • Domiciled Country: US
  • Manager: Catherine Wood

Asset Allocation

Asset allocation is the process of dividing your investments among different asset classes, such as stocks, bonds, and cash. This helps spread risk and increase potential returns.

Stocks make up the largest portion of the asset allocation, with a weighting of 99.69%. This means that almost all of the investment is in stocks, which can be a good thing if the stock market is performing well.

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The return on stocks can vary, with a low of 0.00% and a high of 100.13%. This is a significant range, indicating that stocks can be quite volatile.

Cash accounts for a very small portion of the asset allocation, with a weighting of 0.35%. This is likely a conservative approach, as cash is generally considered a low-risk investment.

Here's a breakdown of the asset allocation:

The ARKQ % Rank shows how the investment performs compared to others in the same category, with a rank of 27.52% for stocks, indicating that this investment is performing relatively well in the stock market.

Distributions

Distributions are an essential aspect of investing, and ARKQ is no exception. ARKQ has a dividend yield of 0.00%, which is significantly lower than the Category High of 7.82%.

If you're looking for a steady income stream, you might want to consider other options. However, if you're interested in ARKQ's dividend distribution frequency, it's worth noting that they distribute dividends annually, which is the same as the Category Low.

Here are the details of ARKQ's dividend distributions:

You can see that ARKQ has a history of distributing dividends, with the most recent one being $0.614 on December 29, 2021.

Buying and Selling in Q2

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The ARK Autonomous Technology & Robotics ETF had its buying activity based on price in Q2. This means that the fund's purchases were influenced by market prices during that quarter.

The fund focuses on investments in tech and scientific research, including AI, automation, and robotics. This focus led to specific buying and selling decisions in Q2.

During Q2, the fund's buying activity was based on price, as mentioned earlier. This approach likely helped the fund to capitalize on market opportunities.

The fund's investments in tech and scientific research, including AI, automation, and robotics, were a key factor in its buying and selling decisions in Q2.

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Frequently Asked Questions

Is arkq stock a good buy?

ARKQ's stock rating suggests a neutral stance, indicating neither strong buy nor sell signals. Investors may want to review analyst opinions and market trends before making a decision.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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