‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles

Bloomberg2022-01-22

Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s ...

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Comments

hellodarz888
2022-01-23
hellodarz888
Omg
ping23
2022-01-23
ping23
pls like
OddEyeCircle
2022-01-23
OddEyeCircle
Wood and metal to buy
Aloynty
2022-01-23
Aloynty
Ark is in a tough spot, hit from all corners; if she could hold past this whilst keeping the winners, rewards will be great
HF133
2022-01-23
HF133
Ok
chinks29
2022-01-23
chinks29
like

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ARKK plunged 20% this year through Thursday, while SARK was up 22%.Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. 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The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.</p><p>While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.</p><p>Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&amp;P 500 evaporates, investors have proved intensely loyal with modest outflows.</p><p><img src=\"https://static.tigerbbs.com/0793e5394612f3fbda4269aba6df0f92\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”</p><p>The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.</p><p>Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.</p><p>“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-22 00:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SARK":"Tradr 2X Short Innovation Daily ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116834406","content_text":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&P 500 evaporates, investors have proved intensely loyal with modest outflows.“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007250860,"gmtCreate":1642911077543,"gmtModify":1676533757217,"author":{"id":"3574521189147374","authorId":"3574521189147374","name":"ping23","avatar":"https://static.tigerbbs.com/c38fda829a130d716804cbae538a7cb8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574521189147374","idStr":"3574521189147374"},"htmlText":"pls like","listText":"pls like","text":"pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007250860","repostId":1116834406,"repostType":4,"repost":{"id":"1116834406","kind":"news","pubTimestamp":1642783251,"share":"https://ttm.financial/m/news/1116834406?lang=&edition=fundamental","pubTime":"2022-01-22 00:40","market":"us","language":"en","title":"‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles","url":"https://stock-news.laohu8.com/highlight/detail?id=1116834406","media":"Bloomberg","summary":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent hig","content":"<html><head></head><body><ul><li>Tuttle’s SARK is up by about 50% since its November launch</li><li>ARKK has tumbled as rising yields dent high-growth stocks</li></ul><p>A controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.</p><p>After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.</p><p>Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.</p><p>SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.</p><p>While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.</p><p>Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&amp;P 500 evaporates, investors have proved intensely loyal with modest outflows.</p><p><img src=\"https://static.tigerbbs.com/0793e5394612f3fbda4269aba6df0f92\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”</p><p>The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.</p><p>Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.</p><p>“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-22 00:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SARK":"Tradr 2X Short Innovation Daily ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116834406","content_text":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&P 500 evaporates, investors have proved intensely loyal with modest outflows.“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007211458,"gmtCreate":1642904412133,"gmtModify":1676533756300,"author":{"id":"3582065904370135","authorId":"3582065904370135","name":"OddEyeCircle","avatar":"https://static.tigerbbs.com/bd89742cea79ac97ec7da1a7bdbc2a14","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582065904370135","idStr":"3582065904370135"},"htmlText":"Wood and metal to buy","listText":"Wood and metal to buy","text":"Wood and metal to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007211458","repostId":1116834406,"repostType":4,"repost":{"id":"1116834406","kind":"news","pubTimestamp":1642783251,"share":"https://ttm.financial/m/news/1116834406?lang=&edition=fundamental","pubTime":"2022-01-22 00:40","market":"us","language":"en","title":"‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles","url":"https://stock-news.laohu8.com/highlight/detail?id=1116834406","media":"Bloomberg","summary":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent hig","content":"<html><head></head><body><ul><li>Tuttle’s SARK is up by about 50% since its November launch</li><li>ARKK has tumbled as rising yields dent high-growth stocks</li></ul><p>A controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.</p><p>After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.</p><p>Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.</p><p>SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.</p><p>While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.</p><p>Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&amp;P 500 evaporates, investors have proved intensely loyal with modest outflows.</p><p><img src=\"https://static.tigerbbs.com/0793e5394612f3fbda4269aba6df0f92\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”</p><p>The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.</p><p>Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.</p><p>“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-22 00:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SARK":"Tradr 2X Short Innovation Daily ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116834406","content_text":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&P 500 evaporates, investors have proved intensely loyal with modest outflows.“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007206716,"gmtCreate":1642900274128,"gmtModify":1676533755576,"author":{"id":"3575873871496945","authorId":"3575873871496945","name":"Aloynty","avatar":"https://community-static.tradeup.com/news/8bc156c78f1b8fc5d20a5b2da3a5b6aa","vip":1,"crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3575873871496945","idStr":"3575873871496945"},"htmlText":"Ark is in a tough spot, hit from all corners; if she could hold past this whilst keeping the winners, rewards will be great","listText":"Ark is in a tough spot, hit from all corners; if she could hold past this whilst keeping the winners, rewards will be great","text":"Ark is in a tough spot, hit from all corners; if she could hold past this whilst keeping the winners, rewards will be great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007206716","repostId":1116834406,"repostType":4,"repost":{"id":"1116834406","kind":"news","pubTimestamp":1642783251,"share":"https://ttm.financial/m/news/1116834406?lang=&edition=fundamental","pubTime":"2022-01-22 00:40","market":"us","language":"en","title":"‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles","url":"https://stock-news.laohu8.com/highlight/detail?id=1116834406","media":"Bloomberg","summary":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent hig","content":"<html><head></head><body><ul><li>Tuttle’s SARK is up by about 50% since its November launch</li><li>ARKK has tumbled as rising yields dent high-growth stocks</li></ul><p>A controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.</p><p>After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.</p><p>Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.</p><p>SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.</p><p>While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.</p><p>Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&amp;P 500 evaporates, investors have proved intensely loyal with modest outflows.</p><p><img src=\"https://static.tigerbbs.com/0793e5394612f3fbda4269aba6df0f92\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”</p><p>The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.</p><p>Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.</p><p>“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-22 00:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SARK":"Tradr 2X Short Innovation Daily ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116834406","content_text":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&P 500 evaporates, investors have proved intensely loyal with modest outflows.“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007641687,"gmtCreate":1642897312825,"gmtModify":1676533754974,"author":{"id":"3583621807888930","authorId":"3583621807888930","name":"HF133","avatar":"https://static.tigerbbs.com/ce211305e06a021e08ecfcbc0e23bbb5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3583621807888930","idStr":"3583621807888930"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007641687","repostId":1116834406,"repostType":4,"repost":{"id":"1116834406","kind":"news","pubTimestamp":1642783251,"share":"https://ttm.financial/m/news/1116834406?lang=&edition=fundamental","pubTime":"2022-01-22 00:40","market":"us","language":"en","title":"‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles","url":"https://stock-news.laohu8.com/highlight/detail?id=1116834406","media":"Bloomberg","summary":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent hig","content":"<html><head></head><body><ul><li>Tuttle’s SARK is up by about 50% since its November launch</li><li>ARKK has tumbled as rising yields dent high-growth stocks</li></ul><p>A controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.</p><p>After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.</p><p>Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.</p><p>SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.</p><p>While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.</p><p>Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&amp;P 500 evaporates, investors have proved intensely loyal with modest outflows.</p><p><img src=\"https://static.tigerbbs.com/0793e5394612f3fbda4269aba6df0f92\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”</p><p>The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.</p><p>Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.</p><p>“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-22 00:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SARK":"Tradr 2X Short Innovation Daily ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116834406","content_text":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&P 500 evaporates, investors have proved intensely loyal with modest outflows.“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007655031,"gmtCreate":1642896137990,"gmtModify":1676533754822,"author":{"id":"4095681829599530","authorId":"4095681829599530","name":"chinks29","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4095681829599530","idStr":"4095681829599530"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007655031","repostId":1116834406,"repostType":4,"repost":{"id":"1116834406","kind":"news","pubTimestamp":1642783251,"share":"https://ttm.financial/m/news/1116834406?lang=&edition=fundamental","pubTime":"2022-01-22 00:40","market":"us","language":"en","title":"‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles","url":"https://stock-news.laohu8.com/highlight/detail?id=1116834406","media":"Bloomberg","summary":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent hig","content":"<html><head></head><body><ul><li>Tuttle’s SARK is up by about 50% since its November launch</li><li>ARKK has tumbled as rising yields dent high-growth stocks</li></ul><p>A controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.</p><p>After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.</p><p>Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.</p><p>SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.</p><p>While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.</p><p>Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&amp;P 500 evaporates, investors have proved intensely loyal with modest outflows.</p><p><img src=\"https://static.tigerbbs.com/0793e5394612f3fbda4269aba6df0f92\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\"/></p><p>“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”</p><p>The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.</p><p>Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.</p><p>“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Anti-ARKK’ ETF Amasses $234 Million as Cathie Wood Struggles\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-22 00:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SARK":"Tradr 2X Short Innovation Daily ETF","ARKK":"ARK Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2022-01-21/-anti-arkk-etf-amasses-234-million-as-cathie-wood-struggles?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116834406","content_text":"Tuttle’s SARK is up by about 50% since its November launchARKK has tumbled as rising yields dent high-growth stocksA controversial ETF with a singular mission to exploit weakness in Cathie Wood’s flagship fund has now amassed $234 million in assets as the new year rout in richly priced tech stocks deepens.After a low-key start, the Tuttle Capital Short Innovation ETF (ticker SARK) now boasts an impressive haul for a fund less than three months old after soaring about 50% since inception, according to data compiled by Bloomberg.Thank the bond-spurred exodus from high-growth companies with questionable profit outlooks famously beloved by Wood and her firm, ARK Investment Management.SARK seeks to win when the ARK Innovation ETF (ARKK) loses, using swap contracts to short the fund. The Tuttle product has won a slew of fans in the tech wreck, posting positive inflows for 10 trading days running.While inverse funds are common enough in the $6.9 trillion U.S. ETF industry, SARK stands out for its focus on a single manager.Its low-profile but sustained rally suggests more traders are finally prepared to bet against Wood. Even as ARKK’s famed outperformance against the S&P 500 evaporates, investors have proved intensely loyal with modest outflows.“I’m honestly not surprised at it just taking in money,” said James Seyffart, Bloomberg Intelligence ETF analyst. “The trend is your friend and for ARK right now the trend is still negative.”The jump in Treasury yields and an expectation of tighter monetary policy have weighed on many of the stocks favored by Wood and ARK. ARKK plunged 20% this year through Thursday, while SARK was up 22%.Matthew Tuttle, chief executive officer of Tuttle Capital Management LLC, noted that SARK has recently been notching inflows even on days when ARKK climbs. To Tuttle, it’s a sign investors increasingly see the fund as a hedging tool or a wager on the macro environment -- not just a way to capitalize on the downward momentum of speculative equities touted by Wood and her team.“I do think inflows can continue, regardless of how ARKK does from here,” he said by email.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1728,"commentSize":140,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1116834406"}