ARK FUNDS AT ALL TIME HIGHS..Still room to grow

METFAN · Nov 28, 2020

As previously stated the ARK EFTs were set to explode and 2 have reached an all time high.Both ARKF and ARKG are at all time highs. ARKG deals with Medical and as cures for not just Covid but other diseases are found the fund will continue to grow. ArkG is trading close to $80/sh.
Four of the top holdings are:
NVTA, CRSPR, PACB, and ARCT

ARKF is a FINTECH EFT and is trading for slightly less than $47. It's two major holdings are Square (SQ) and PINTEREST (PINS)

Both have great management and room to grow.

Good Luck

CoachCB · Nov 30, 2020

I'm going to add ARKF, see what happens.

Any thoughts on XOUT? I've had this for about 6 months and it's an interesting ETF.

METFAN · Nov 30, 2020

I PREFER ARKG A tremendous amount of innovation in the medical field right now..I know nothing of XOUT but I will look at it and get back to you in a few days

METFAN · Dec 1, 2020

HI COACH,,Checked out XOUT. Very interesting , performing extremely well. I find it extremely interesting that the manager Jeff Klearman has a biotech degree from Purdue yet his top investments do not include any real biotech stocks unless you consider Johnson and Johnson one which I do not.

May only concern is that his top 5 holdings are all the same sector or similar:

APPLE, MICROSOFT, AMAZON, GOOGLE AND FACEBOOK..oddly enough Walmart is in the top 10 with that group. JNJ too.

THANK YOU FOR POINTING THAT EFT OUT TO ME..When I think XOUT , I think range balls at the driving range

CoachCB · Dec 1, 2020

MF, their strategy uses a proprietary method to weed out underperforming companies so the sector doesn't matter. When a company hits the metric (set by the proprietary formula/method) they get rid of it. So far it's performed pretty well. I don't hold a lot of it (around $1500 worth), but wish I had bought more when I first got into it.