ARK now 4th overall in 2020 flows (after Big Three) w/ decent shot to pass State Street by EOY given the building intensity of the inflows eg ARK ETFs took in more yesterday than all of 2019 as the mega volume is converting into mega flows. (note: there are over 100 ETF issuers)
Also don't be surprised if ARK sneaks past JPM and WisdomTree in total assets by EOY to nestle into the 9th spot overall (up from 28th spot to start year, an unprecedented jump). Here's the monthly assets, the firm has doubled aum in 10 weeks prob hit $40b by EOY.
Another look at ARK's asset growth shows a nearly 90 degree angle in 2020. I threw in Pimco (who is no slouch) for context.
Fun fact: $ARKK alone is now bigger than the other 240 active equity ETFs COMBINED.
You can follow @EricBalchunas.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.