Cathie Wood's flagship, the ARK Innovation ETF (ticker ARKK), has almost certainly just recorded its biggest ever quarter of outflows, with about USD 1.97bn leaving the popular exchange-traded fund through to late September.
ARKK flow data arrives with a one-day time lag, meaning the final trading day for last month has yet to be logged. Yet a second straight quarter of outflows for the fund looks assured, while anything less than a USD 125m inflow will make September the product's worst month for outflows since it launched in 2014.
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