ARK ETF Trust - ARK Innovation ETF is trading 4% up at $117.90 as the fund shifts capital from large-cap tech into high-growth innovation sectors.

  • Latest trade disclosures reveal profit-taking in Tesla and other major tech holdings to fund increased exposure to SpaceX and emerging innovation plays.
  • Options market data shows a lean toward bullish positioning, suggesting strong investor appetite for the AI growth theme despite neutral put-call ratios.
  • The fund's performance today significantly outpaces the broader market, which remains slightly weaker.