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Cathie Wood’s Firm Launches New ETF; Buys Broadcom, Rocket Lab, Cloudflare

Cathie Wood’s Firm Launches New ETF; Buys Broadcom, Rocket Lab, Cloudflare

By Investor’s Business Daily
Publication Date: 2026-08-20 17:21:00

ARK Invest found a buyer for a new ETF it launched on Wednesday: itself. The ARK Innovation ETF (ARKK), the flagship fund from Cathie Wood’s firm, bought 1 million shares of its new autocallable ETF. ARK Invest launched the ARK Autocallable Income ETF (ARKY) on Wednesday. The new fund tracks stocks held in other ARK Invest ETFs and aims to…

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