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Record redemption in Ark ETF sparks liquidity worries – Yahoo Finance

A record half-billion dollar redemption from Ark Invest’s flagship fund in a single day has led analysts to highlight the risks arising from the ETF’s heavy …

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(Repeats item that first ran on Wednesday)
By Thyagaraju Adinarayan and Saikat Chatterjee
LONDON, Feb 25 (Reuters) – A record half-billion dollar redemption from Ark Invest’s flagship fund in a single day has led analysts to highlight the risks arising from the ETF’s heavy exposure to illiquid stocks if outflows pick up pace.
A 20% pullback in Tesla shares over the past three weeks, the biggest holding of the exchange-traded fund Ark Innovation set up by star investor Cathie Wood has triggered a…

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