Ark latest news5/22/2023 Per the filing, ARK is entitled to a fee from the sub-adviser for its services.Īn ETF is a publicly traded investment vehicle that offers investors exposure to underlying assets by tracking their value. Instead, ARK has agreed to provide marketing support to the fund’s sub-adviser, 21Shares US, an affiliate of Switzerland-based 21Shares AG. ![]() While ARK Invest has officially lent its name to the new product, which also has a ticker ARKA, the firm “does not make investment decisions, provide investment advice, or otherwise act in the capacity of an investment adviser to the fund.”
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