VCYT - Cathie Wood's ARKK suffers as two-thirds of its holdings fell to 52-week lows this week

The bloodbath for Cathie Wood’s ARK Innovation ETF (NYSEARCA:ARKK) continues, despite the fund being up slightly on Thursday. Wood’s ETF is -36% YTD and is currently working towards its fifth straight downward month. Meanwhile, this week has been particularly difficult, as 23 of its 35 holdings fell to 52-week trading lows -- about two-thirds of the total. This spiral has taken a heavy toll on some of ARKK’s biggest holdings. Eight of the stocks hitting yearly trading lows fall inside ARKK’s top 10 weighted positions, which have a combined representation of 42.6%. Additionally, some of ARKK’s holdings also plummeted to record trading lows as well, and some just missed yearly lows but hovered near them. Below is a list of the 23 stocks Wood and ARKK hold that have plunged to 52-week lows this week:  (TDOC), (ROKU), (ZM), (COIN), (EXAS), (U), (TWLO), (PATH), (SPOT), (BEAM), (SHOP), (DKNG), (FATE), (PD), (TXG), (RBLX), (NVTA),

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Cathie Wood’s ARKK suffers as two-thirds of its holdings fell to 52-week lows this week