When you think of exciting investments, exchange-traded funds might be the last thing that comes to mind. But while most ETFs simply track indexes, the active ETFs offered by red-hot investment company ARK Invest have gotten a lot of attention.
That makes sense when you look at the returns that ARK's funds have earned recently. All five of its actively managed ETFs have more than doubled in the past 12 months, with ARK Genomic Revolution ETF (NYSEMKT: ARKG) leading the pack and tripling since this time last year. ARK Innovation ETF (NYSEMKT: ARKK) and ARK Next Generation Internet (NYSEMKT: ARKW) aren't too far behind.
For further details see:
3 Stocks ARK Invest's Red-Hot ETFs Bought Last Week