Cathie Wood Has Bought Komatsu Everyday Since Mid-August and Cathie Woods’s Art Looks To Launch New ETF Centered on Transparency

KFS Forest Rangers stop illegal Logging in Molo Forest Station

Kenya: Kenya Forest Service Forest Rangers at Molo Forest Station got wind of a lorry that had made its way into the Molo West forest block under the cover of darkness on the 6th of December, 2023.

Lusaka: 41 arrested for drugs and disorder in Bus Terminals Cleanup

Lusaka, South Africa: Forty One (41) people have been apprehended during a joint clean up operation conducted in Lusaka's Intercity Bus terminals area on December 6th, 2023 rd.

National Rural Youth Service Corps (NARYSEC) graduates bow out Gracefully

South Africa: The ecstatic National Youth Leadership Development Programme participants marched meticulously with precision and grace as they passed in columns of platoons with their faces beamed with pride at their passing out graduation ceremony held at 1 Construction Regiment Military Base Dunnottar in Springs.

Chadiza chairperson donates K5,000 Safety Jackets for Local Riders

Zambia: The chairperson of the Chadiza town Council, Richard Zimba, has donated safe jackets worth K5,000 to some motorbike riders and cyclists in the...

Since mid of August, Cathie Wood bought Komatsu, leading mining, construction, and forestry manufacturer, and increased her stake daily. In addition, according to the Ark management’s trading data after selling stocks in May, ARK Autonomous Technology & Robotics ETF (BATS: ARKQ), since August 17, bought the American depository of the excavator maker in trading sessions.

Moreover, Ark’s move into the company made the stock down nearly 20%, which is high in March from its year-to-date, even revenue upgrades continued. The U.S. moves the passing of the bipartisan infrastructure bill of $550 billion. The Japanese construction bellwether, Komatsu, acquires 37% of its revenue from the U.S. Moreover, Ark Autonomous Technology holds over 2.9 million Komatsu’s depository receipts worth over $70 million.

Advertisement

Wood’s Art Looks To Launch New ETF focused on Transparency, Featuring Apple, Tesla.

According to the source, Cathie Wood’s management company Ark Invest plans to launch a new exchange-traded fund focused on transparency. Moreover, Ark’s ETF has significant exposure in consumer and tech companies such as Tesla, Salesforce, Apple, and Nike. If approved, the ETF would join Ark’s six active funds and be this year’s second such launch after ARK Space Exploration and Innovation ETF.

ARK Space Exploration and Innovation ETF was the first ETF launch focused on space-related investments in nearly two years, and Ark launched it in March. Furthermore, Cathie Wood showed support and interest in transparency in her funds in the past and revealed her stock-picking regularly. Also, she has demonstrated her interest in stocks that focus on social, environmental, and governance standards. In the second quarter of this year, Ark manages assets of more than $53.74 billion.

KFS Forest Rangers stop illegal Logging in Molo Forest Station

Kenya: Kenya Forest Service Forest Rangers at Molo Forest Station got wind of a lorry that had made its way into the Molo West forest block under the cover of darkness on the 6th of December, 2023.

Lusaka: 41 arrested for drugs and disorder in Bus Terminals Cleanup

Lusaka, South Africa: Forty One (41) people have been apprehended during a joint clean up operation conducted in Lusaka's Intercity Bus terminals area on December 6th, 2023 rd.

National Rural Youth Service Corps (NARYSEC) graduates bow out Gracefully

South Africa: The ecstatic National Youth Leadership Development Programme participants marched meticulously with precision and grace as they passed in columns of platoons with their faces beamed with pride at their passing out graduation ceremony held at 1 Construction Regiment Military Base Dunnottar in Springs.

Chadiza chairperson donates K5,000 Safety Jackets for Local Riders

Zambia: The chairperson of the Chadiza town Council, Richard Zimba, has donated safe jackets worth K5,000 to some motorbike riders and cyclists in the...

Zambia President Hichilema vows to elevate Agriculture as Key Industry

NYIMBA: President Hakainde Hichilema says the UPND New Dawn Government is determined to make the agriculture sector the leading industry in the country.

KZN first composite title deed handover boosts Community Prosperity

Shallcross, KwaZulu Natal: KZN will witness their first-ever handover of a composite title deed for the institutional, wholesale benefit of a community in eThekwini Metropolitan Municipality since the start of the ongoing title deed on Tuesday Campaign in September.