Cathie Wood's ARKK Still Leaking, Loses Over 3% In Value And 2% Of Net Assets In A Week - Apple (NASDAQ:AAPL)

Investors are continuing to abandon Cathie Wood's flagship fund, ARK Innovation ETF ARKK. Over the past week, ARKK lost $151.2 million in AUM, representing about 2% of the fund.The exodus comes as ARKK continues to struggle in what has largely been a hot market. As of the time of writing, ARKK is down almost 7% since the markets closed in 2023. For comparison, the SPDR S&P 500 ETF Trust SPY is up almost 8.5% in the same period.No Nvidia?Many investors pulling out of the fund are at odds with Wood's take on ...