Cathie Wood’s ARK Investment Management is planning to roll out a new exchange traded fund focused on transparency, and which will shun oil and gas, alcohol, bank and gambling stocks.
According to an Securities and Exchange Commission filing, the ARK Transparency ETF plans to mimic a Transparency Index, which tracks stock movements for around 100 companies highly ranked for transparency based on a proprietary scoring methodology that includes such factors as reputation and adoption of transparency standards.
Apple AAPL, +0.45%, Netflix NFLX, +2.26%, Chipotle Mexican Grill CMG, -0.26%, Coinbase COIN, +2.66% and Tesla TSLA, -0.22% are among the names included in that transparency index, with many of those companies already included in ARK’s other funds.
ARK’s ETF will also exclude chemicals, confectionary, fossil fuel transportation, metals and mineral, dropping it into a group of increasingly popular environmental, sustainable and governance funds. Among the more popular ETFs in that space, Vanguard FTSE Social Index Fund VFTAX, +0.16% and the iShares ESG Aware MSCI USA ETF ESGU, +0.06% have returned around 20% each year to date.
The veteran money manager Wood raked in billions last year via her group of ETFs that focused on high growth innovation stocks, which were star performers during the first year of the pandemic. But this year has seen some of her biggest ETFs struggle to match last year’s stunning gains — the popular ARK Innovation [ARKK, +1.38%](https://www.marketwatch.com/i
... keep reading on reddit ➡I grew up in a small town in MA and miss all the parks/forest preserves there. Just moved here a month ago and with all due respect… where the fuck are all the trees??
I know with this being an island and all I’m not expecting any massive forests— just looking to be somewhere more isolated, so honestly would appreciate any and all recommendations for nice parks!
EDIT: For those asking, I’m in the Hicksville/Levittown area. Thanks so much for all the recommendations, it means a lot :) I will def look into all of these, keep ‘em coming! Any other places I should check out as a newcomer also welcomed!
