ARKQ Stock Summary and Trading Ideas (Ark Autonomous Technology & Robotics ETF | ARCA:ARKQ)

The Fund is an actively-managed exchange-traded fund ( ETF ) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of autonomous technology and robotics companies that are relevant to the Fund s investment theme of disruptive innovation. Autonomous technology and robotics companies are companies that the Adviser believes are expected to focus on and benefit from the development of new products or services, technological improvements and advancements in scientific research related to, among other things, disruptive innovation in automation and manufacturing ( Automation Transformation Companies ), transportation, energy ( Energy Transformation Companies ), artificial intelligence ( Artificial Intelligence Companies ) and materials. Effective as of November 4, 2019, the name of the ARK Industrial Innovation ETF changed to the ARK Autonomous Technology & Robotics ETF .

Ark Autonomous Technology & Robotics ETF trades on the ARCA stock market under the symbol ARKQ.

As of April 17, 2024, ARKQ stock price declined to $50.36 with 111,380 million shares trading.

ARKQ has a beta of 1.51, meaning it tends to be more sensitive to market movements. ARKQ has a correlation of 0.59 to the broad based SPY ETF.

ARKQ has a market cap of $803.24 million. This is considered a Small Cap stock.

In the last 3 years, ARKQ stock traded as high as $90.28 and as low as $39.35.

ARKQ has underperformed the market in the last year with a price return of +5.6% while the SPY ETF gained +22.5%. ARKQ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.1% and -6.0%, respectively, while the SPY returned +6.3% and -3.6%, respectively.

ARKQ support price is $50.20 and resistance is $51.70 (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 ARKQ stock will trade within this expected range on the day.