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35% of Cathie Wood's Flagship ETF Is Invested in Just 5 Stocks

Bram Berkowitz, The Motley Fool
·5 min read
35% of Cathie Wood's Flagship ETF Is Invested in Just 5 Stocks

There is arguably no investor more committed to the high-flying tech and crypto sectors than Cathie Wood, the founder and CEO of Ark Invest, which manages several exchange-traded funds (ETFs). Wood's flagship fund, the Ark Innovation ETF (NYSEMKT: ARKK), is focused on disruptive innovation. Along with the rest of the tech sector, the Ark Innovation ETF has had a volatile couple of years, experiencing huge gains in late 2020 and 2021 only to give up those gains in 2022 after soaring inflation and rapidly rising interest rates really cut into the sector.

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