{"id":90158,"date":"2024-12-13T00:22:33","date_gmt":"2024-12-13T05:22:33","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90158"},"modified":"2024-12-12T23:42:21","modified_gmt":"2024-12-13T04:42:21","slug":"cathie-woods-arkk-gets-a-30-trump-bump-but-outflows-persist-and-top-3-billion-in-2024","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2024\/cathie-woods-arkk-gets-a-30-trump-bump-but-outflows-persist-and-top-3-billion-in-2024.html","title":{"rendered":"Cathie Wood\u2019s ARKK gets a 30% Trump bump, but outflows persist and top $3 billion in 2024"},"content":{"rendered":"\n<p>(CNBC) Innovation investor Cathie Wood\u2019s struggling funds enjoyed a much-needed boost from Donald Trump\u2019s reelection, but that hasn\u2019t translated into investor inflows. Wood\u2019s flagship\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/ARKK\/\">Ark Innovation ETF (ARKK)<\/a> has surged more than 30% since Election Day on Nov. 5, pushing its year-to-date return to nearly 18%. Much of the gain came from its biggest holding <a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\/\">Tesla<\/a>, with a 16.3% weighting. The electric vehicle maker\u2019s stock has skyrocketed about 70% since Trump claimed victory.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/12\/12\/cathie-woods-arkk-gets-a-30percent-trump-bump-but-outflows-persist-and-top-3-billion-in-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Innovation investor Cathie Wood\u2019s struggling funds enjoyed a much-needed boost from Donald Trump\u2019s reelection, but that hasn\u2019t translated into investor inflows. Wood\u2019s flagship\u00a0Ark Innovation ETF (ARKK) has surged more than 30% since Election Day on Nov. 5, pushing its [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90158","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90158"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90158\/revisions"}],"predecessor-version":[{"id":90159,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90158\/revisions\/90159"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}