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.
Smart investors want to know which stocks ARK Invest Chief Investment Officer Cathie Wood is looking at.To save you the trouble of looking yourself, below are three of the stocks that various ARK ETFs invested more money in over the course of the past week.Opendoor just came public last month through a merger with a special purpose acquisition company run by SPAC pioneer Chamath Palihapitiya's Social Capital Hedosophia Holdings.Pinterest is just one of many social media companies, and it's certainly not the largest.The company has to walk a fine line to avoid ruining its positive vibe, but ARK Invest is just one of many investors who think Pinterest can get the job done.
Whether that success continues remains to be seen, but one thing is certain: People are taking notice of the stocks in which the company's ETFs choose to invest.