Tesla Lures Investors to This Soaring ETF
July 01, 2020 at 11:43 AM EDT
The ARK Innovation ETF (NYSEArca: ARKK) is coming off a second-quarter gain of 62% and its status as one of the largest holders of Tesla stock is a big reason why the fund is soaring. ARKK’s Tesla allocation, which is approaching 11%, is also a reason behind investors flocking to the fund....
