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TrackInsight: Investors flee from ARKK ETF

05/11/2021 | 10:10am EDT

The ARKK ETF lost both in terms of performance and flows over this Monday's market session.

Cathie Wood’s Innovation ETF (ARKK ETF) lost 5.15% on Monday and saw $119.6M of outflows, bringing year-to-date returns to -16.4%. Over the same period, cumulative flows are still quite impressive with $6.91Bn. This ETF has $19.8bn of assets under management.

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