While the ETF’s constituents have yet to be announced, shares of … All content is subject to change without notice. Ark divided the industry into four categories: orbital aerospace, suborbital aerospace, enabling technologies, and aerospace beneficiary. Professional money management is not suitable for all investors. The expense ratio is yet … The five industries that could be disrupted by innovation in the coming years. Ark invest last week announced their new space exploration etf. Prior to ARK, Brett served as a Vice President and Senior Analyst on the Research on Strategic Change team at AllianceBernstein. Prior to ARK, Sam was a business … This actively managed equity strategy seeks long-term capital growth by investing in domestic and foreign equity securities of companies focused on space exploration. The company is behind such wildly successful ETFs … 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. She has been a featured speaker at the Annual Meeting for the Transportation Research Board, a division of the National Academy of Sciences, Engineering, and Medicine for the United States and at the Port Authority of New York and New Jersey on autonomous driving. Sam graduated from the University of Pennsylvania where he studied Cognitive Science with a concentration in Computation and Cognition. No part of ARK… Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Cathie Wood launches space ETF, stocks rip higher, flagship ARK Innovation fund returning more than 170% last year. Cathie joined Alliance Capital from Tupelo Capital Management, a hedge fund she co-founded, which in 2000, managed approximately $800 million in global thematic strategies. Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Space Exploration ARKQ is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of of autonomous technology and robotics companies that are relevant to the Fund’s investment … The big news out of the world of exchange traded funds is that Cathie Wood's ARK Investment Management is planning to launch a new fund: the ARK Space Exploration ETF.What … In 2018, editors at Bloomberg acknowledged Cathie by selecting her to its second annual Bloomberg 50 list of people across business, entertainment, finance, politics, technology, and science who have defined global business. ARK offers a space exploration strategy to managed account investors in Japan. ARK Space Exploration ETF ... and shares in Richard Branson-founded Virgin Galactic Holdings Inc. soared … Brett earned his Bachelor of Science in Mechanical Engineering at the Massachusetts Institute of Technology (MIT). According to an SEC filing on Wednesday, ARK Invest plans to add the ARK Space Exploration ETF (ARKX) to its existing suite of 7 funds. T 212.426.7040. These innovations should transform logistics, observation, agriculture, telecom, drones, and may even put humans on Mars. Advancements in these areas are enhancing productivity while reducing costs and transforming manufacturing, production, and infrastructure. By researching across sectors, industries and markets, ARK’s investment team seeks to gain a deeper understanding of the convergence and market potential of disruptive innovations, and thus size investment opportunities more appropriately. I mean, theoretically there could be a lot of disruption to existing industries. Chief Executive OfficerChief Investment Officer. Investment Strategies. – CNBC's Maggie Fitzgerald contributed to this report. The actively managed ARK Space Exploration ETF’s investment objective is long-term growth of capital. The Adviser did not pay any fee to the grantor of the awards for the right to promote the Adviser's receipt of the awards nor was the Adviser required to be a member of an organization to be eligible for the awards. While the ETF's constituents have yet to be announced, shares of space companies Virgin Galactic and Maxar Technologies each jumped in after-hours trading. Sign up for free newsletters and get more CNBC delivered to your inbox. ARK’s strategies aim to deliver long-term growth with low correlation to traditional investment … Past performance is not indicative of future performance. There is no guarantee that ARK’s objectives will be achieved. Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. According to the filing, ARK’s actively managed ETF will invest 80% in stocks engaged in the investment theme of space exploration and innovation, defined as “leading, enabling or benefitting … Half of the solution is understanding the problem, so we are reassured by the universal and unified policy responses globally. The ARK Space Exploration ETF plans to invest in micro-cap to blue chip companies, spanning both US and overseas equities in both developed and emerging markets Investors in the space race will have a new ETF to choose from soon, as ARK Investment … Like how low-orbit satellites could change communication, or asteroid mining could completely change the industry for rarer ores/metals, or how the need for a new generation of propulsion could revolutionalize how we get into space for any number of applications (satellites, tourism, exploration… Prior to her tenure at Tupelo Capital, she worked for 18 years with Jennison Associates LLC as Chief Economist, Equity Research Analyst, Portfolio Manager and Director. Tasha joined ARK in January 2014 and is an Analyst for ARK’s Autonomous Technology and Robotics strategy. In 2018, Cathie launched the Duddy Innovation Institute at her alma mater, Notre Dame Academy in Los Angeles. He also is the Founder and Principal at iamB Consulting, providing strategy consulting to early stage startups. Aerospace Beneficiary Companies are companies that stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction and imaging.". 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. Professional money management is not suitable for all investors. For full disclosures, please go to our Terms & Conditions page. Cathie has been recognized as an influential fund manager across various outlets. What Happened: Perhaps predictably, the news sent Virgin Galactic Holdings SPCE 8.22%, one of the most direct plays on space tourism, rocketing. Prior to ARK, Sam was a business development intern at Graphiq, a knowledge graph and visualization company. A new investment fund to be launched by Ark Invest, an asset management firm focused on disruptive innovation, will primarily hold publicly traded companies related to space exploration, … All statements made regarding companies or securities or other financial information on this site or any sites relating to ARK are strictly beliefs and points of view held by ARK or the third party making such statement and are not endorsements by ARK of any company or security or recommendations by ARK to buy, sell or hold any security. The stock, which is held in other ARK … For full disclosures, please go to our Terms & Conditions page. *The Adviser did not pay a fee to be considered for or granted any awards. Prior to 2007, Brett worked in business development in the Radio-Frequency Identification industry after serving as a founding teacher at a charter high school in Los Angeles. Previously, Tasha spent almost three years as a management consultant for Applied Value, working primarily with manufacturing and automotive clients. As an Analyst for ARK’s Autonomous Technology and Robotics strategy, Sam focuses on automation, robotics, energy storage, alternate energy, and space exploration. Investor interest in space companies has continued at heightened levels, despite only a few publicly-traded companies. Late Wednesday, Ark Invest filed to operate "Space Exploration ETF" under the ticker ARKX. Virgin Galactic’s spacecraft Unity reaches space for the first time. ARK’s thematic investment strategies span market capitalizations, sectors, and geographies to focus on public companies that we expect to be the leaders, enablers, and beneficiaries of disruptive innovation. Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. His research topics included Global Energy in the Face of Carbon Dioxide Regulation; Social Media and the Rise of Facebook; the Reformation of the Financial Services Landscape; and the Emergence of Electric Vehicles. Certain of the statements contained on this website may be statements of future expectations and other forward-looking statements that are based on ARK’s current views and assumptions, and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. According to the filing, ARK’s actively managed ETF will invest 80% in stocks engaged in the investment theme of space exploration and innovation, defined as “leading, enabling or benefitting … Tasha frequently appears on CNBC, CNN, Bloomberg, and Fox Business. Could a Tesla Ride-Hailing Network Run Over Uber and Lyft? The Adviser did not pay a fee to be considered for or granted the awards. Cathie received her Bachelor of Science, summa cum laude, in Finance and Economics from the University of Southern California in 1981. But more space companies plan to enter public markets in the year ahead, with both traditional IPOs and SPAC deals expected in 2021. With over 40 years of experience identifying and investing in innovation, Cathie founded ARK to focus solely on disruptive innovation while adding new dimensions to research. Focused on space exploration ETF '' under the ticker ARKX, according to securities!... ©2021, ARK Investment Management is not suitable for all investors up for free newsletters and get more delivered... And innovative materials Science in Mechanical Engineering at the Massachusetts Institute of Technology ( )! January 2014 and has been researched and produced by ARK unless otherwise stated Principal at Consulting! Accounts for more than 170 % last year CNBC, CNN, Bloomberg, and Market and. 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