Asset Management

Cathie Wood’s ARK to shut Transparency ETF

The shutdown will mark the first fund closure since Wood launched her firm in 2014

ARK Investment Management is shutting down its transparency exchange traded fund, the first fund closure since Cathie Wood launched her firm in 2014.

The ARK Transparency ETF, which was launched in December, will close later this month, according to a regulatory filing. ARK currently has nine ETFs, including the transparency fund.

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