Cathie Wood Trims 40K Shopify Shares After August Rally: Where ARK Is Reinvesting?
Cathie Wood's ARK sold 40,392 Shopify shares after a 25% August rally. Here's what ARKK and ARKW are betting on next.
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Shopify stock is nearing a Golden Cross as Cathie Wood continues to hold the ecommerce company among ARK's top investments.
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Cathie Wood's ARK sold 40,392 Shopify shares after a 25% August rally. Here's what ARKK and ARKW are betting on next.
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Purpose Investments announced adjustments to the risk ratings of four of its income-focused ETFs effective September 3, 2026. The changes resulted from a periodic review to determine appropriate risk levels under standardized classification methods. No changes were made to the funds' investment objectives, strategies, or management.
Purpose Investments announced changes to the risk ratings of four of its Yield Shares ETFs effective September 3, 2026. The Purpose Shopify ETF was downgraded from High to Medium-High risk, while the Dollarama, Couche-Tard, and Brookfield ETFs were each downgraded from Medium-High to Medium risk. No changes were made to the funds' investment objectives, strategies, or management.