Cathie Wood Preps Space ETF as Ark’s First New Fund in Two Years
- ARKX will include firms pursuing space exploration, innovation
- Fund joins lineup that collectively holds about $47 billion
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Cathie Wood may be about to cap a stellar year with a suitably themed new product.
Ark Investment Management’s new space ETF could make its debut as soon as the start of next week, based on regulatory filing dates. The actively managed exchange-traded fund would track U.S. and global companies involved in space exploration and innovation.