Open a 50% anti-Cathy Wood fund in less than three months

Wood’s flagship fund has already amassed $ 234 million in assets ■ Arc fell 20% this year, while Shtetl jumped 22%

You are successfully following Bloomberg

You can see updates on new articles on the page My country


Updated on: 24.01.2022 16:20 ) Cathy Wood. Tuttle Capital Short Wins Profit When Wood’s Ark ETF Loses Alex Flynn / Bloomberg

The controversial ETF, whose entire purpose is to exploit weaknesses in Kathy Wood’s flagship fund, has amassed $ 234 million in assets, amid a fall in Wall Street technology stocks since the beginning of the year. The Tatal Capital Short ETF (NYSE: SARK), less than three months old, is now enjoying impressive growth of more than 50%, despite a subdued opening. About $ 200 million of the fund’s assets come from an investment flow, indicating the demand among investors for short bets against Wood’s famous fondness for disruptive technologies. Wood Investment’s Management Company tends to invest in companies with high growth and problematic profit forecasts, which are shaken by soaring government bond yields. Funds …

Comments

Skip Comments Main articles on the site

Note: This article has been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here
Related Posts
Recomendaciones que debería tener en cuenta para comprar carro usado thumbnail

Recomendaciones que debería tener en cuenta para comprar carro usado

Más de un millón de transacciones con carros se registraron en el país en el último año.Archivo particular POR: febrero 12 de 2022 - 06:21 p. m. 2022-02-12 2022-02-12 Actualmente, cerca del 80 % de las compras de carros usados son realizadas a través de personas naturales con poco o nulo conocimiento en mecánica automotriz y…
Read More
IRS updated digital asset tax form ditches wallet address, transaction ID requirements thumbnail

IRS updated digital asset tax form ditches wallet address, transaction ID requirements

The United States Internal Revenue Service (IRS) has posted an early draft of the updated tax Form 1099-DA for digital asset investors, dropping several controversial demands from previous drafts, including a requirement for filers’ to submit their digital asset wallet addresses and transaction IDs. The new tax Form 1099-DA, “Digital Asset Proceeds from Broker Transactions,” is
Read More
Here's how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal thumbnail

Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal

Polygon, a layer-two network designed for scaling and application infrastructure development on Ethereum, has been making the rounds among blockchain enthusiasts as of late. From its $1 billion investment into zero-knowledge technology to co-launching a $200 million Web3 social media initiative up to integrating with Opera's web browser to make its decentralized apps accessible to 80 million…
Read More
What to do with real estate prices? thumbnail

What to do with real estate prices?

Čas branja: 2 min 05.01.2022  14:00 In kaj bodo s spoznanjem, da so nepremičnine predrage, naredile centralne banke? Celotni članek je na voljo le naročnikom. Nepremičnine so vroča tema! Omogočite si dostop do vseh vsebin! Na Financah redno spremljamo dogajanje na nepremičninskem trgu, objavljamo analize in nasvete. 3 MESECI FINANC ŽE ZA 14,99 EUR ✔…
Read More
Explainer-Why are Britain's pension schemes dumping gilts? thumbnail

Explainer-Why are Britain’s pension schemes dumping gilts?

© Reuters. FILE PHOTO: A general view of the Bank of England (BoE) building, the BoE confirmed to raise interest rates to 1.75%, in London, Britain, August 4, 2022. REUTERS/Maja Smiejkowska/File Photo LONDON (Reuters) - A dramatic upswing in British government bond yields this week triggered calls for cash from defined benefit pension funds, forcing
Read More
Index Of News