ARK Innovation ETF posted a return of 23% Tesla is one of the top 10 positions

$Tesla (TSLA.US)$ The article revealed that Cathie Wood’s ARK Innovation ETF has significantly outperformed the broader market lately, thanks to robust gains in tech stocks.
DataTrek Research says the exchange-traded fund’s top holdings are worth further research and consideration for investors betting on a year-end rally. Since Oct. 27, the ARK Innovation ETF has posted a return of 23%, while the S&P 500 and Nasdaq Composite are up 9.2% and 12%, respectively, through Tuesday’s close, according to Dow Jones Market Data.

The fund’s top 10 positions include Coinbase (COIN), Roku (ROKU), Tesla (TSLA), Zoom Video Communications (ZM), UiPath (PATH), Block (SQ), Roblox (RBLX), DraftKings (DKNG), Twilio (TWLO), and Crispr Therapeutics (CRSP). Tesla is one of the top 10 positions in the ARK Innovation ETF.

Tesla, Inc. has been one of the key drivers behind Cathie Wood's impressive gains in the market. Despite facing concerns about its valuation, Wood has consistently maintained her bullish stance on the electric vehicle giant. Currently, Tesla represents 8.39% of the portfolio.

ARK Innovation ETF posted a return of 23% Tesla is one of the top 10 positions

Source:

1) Cathie Wood's ARK Innovation Is Seeing 'Supercharged Tech Returns'" - Barrons
2) ARK Innovation Continues to Thrive: Cathie Wood's Top Holdings performance and Strong Inflow Growth in Nov 2022 - In One Chart

$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $GEELY AUTO (00175.HK)$ $Stellantis NV (STLA.US)$

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