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Cathie Wood Launches Buffered ETF for ARK Innovation Holdings

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Strategist Tom Essaye reviewed new ETFs, including one from Cathie Wood that buffers exposure to the ARK Innovation ETF.
  • The flagship ARK fund holds Tesla, but the new ETF aims to cap downside risk amid market volatility concerns, making the direct impact on Tesla neutral.
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