Cathie Wood to Launch a New ETF. It Tracks a Transparency Index.
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Cathie Wood’s ARK Investment Management is revving up to launch its second new U.S. exchange-traded fund in almost three years this week.
The ARK Transparency ETF (ticker: CTRU) follows the Transparency Index (TRANSPCY), which tracks the stock-price movements of the 100 most transparent companies globally. I’s ARK’s ninth ETF and begins trading Wednesday on the Cboe BZX Exchange.
“ARK...