After only seven months, Cathie Wood’s ARK Transparency ETF (CTRU) has announced closure. The change will come on July 26 but it isn’t due to poor performance as Ark Investments has stated the closure is due to the fact that the underlying index of CTRU will not be calculated after July 31.
ETF Newz Says:
CTRU was down 36.51% YTD with $13 million in assets under management.
