ARKK Stock Summary and Trading Ideas (Ark Innovation ETF | ARCA:ARKK)

ARK Innovation ETF investment objective is long-term growth of capital. The Fund is an actively-managed exchange-traded fund ("ETF") that will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the Fund's investment theme of disruptive innovation. The Adviser defines "disruptive innovation" as the introduction of a technologically enabled new product or service that potentially changes the way the world works. The Adviser believes that companies relevant to this theme are those that rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to the areas of genomics ("Genomic Revolution Companies") innovation in automation and manufacturing ("Automation Transformation Companies"), transportation, energy ("Energy Transformation Companies"), artificial intelligence ("Artificial Intelligence Companies") and materials the increased use of shared technology, infrastructure and services ("Next Generation Internet Companies") and technologies that make financial services more efficient ("Fintech Innovation Companies").

Ark Innovation ETF trades on the ARCA stock market under the symbol ARKK.

As of April 4, 2025, ARKK stock price declined to $41.94 with 18,045,008 million shares trading.

ARKK has a beta of 2.28, meaning it tends to be more sensitive to market movements. ARKK has a correlation of 0.65 to the broad based SPY ETF.

ARKK has a market cap of $4.41 billion. This is considered a Mid Cap stock.

In the last 3 years, ARKK traded as high as $70.84 and as low as $29.43.

ARKK has underperformed the market in the last year with a price return of -12.5% while the SPY ETF lost -1.3%. ARKK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -29.9% and -16.2%, respectively, while the SPY returned -14.4% and -10.1%, respectively.

ARKK support price is $43.47 and resistance is $46.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARKK shares will trade within this expected range on the day.