COIN - ARKW: The Next Generation Internet ETF Has Lost Momentum Consider Trimming

• The ARKW ETF is invested in the companies of the future (and the now). Many are highly valued due to their fast growth rates and the low interest rate environment.
• The fund corrected sharply earlier this year during the market rotation out of growth and into "value" as interest rates rose. Since then, ARKW has lost momentum and is flat.
• Still, the ETF is 43.9% over the past year, but only 2.9% YTD - lagging the S&P500 by ~17%. Yet the fund is still chock-full of companies with lofty valuations.
• Concerns that higher interest rates could derail the future cash flow premium, ARKW's growth-oriented holdings command, it's prudent to hold-off further investments, or even do some trimming.

For further details see: