NASDAQ:SARK

AXS Short Innovation Daily ETF (SARK) Price, Holdings, & News

$31.50
-0.43 (-1.35%)
(As of 04/22/2024 ET)
Today's Range
$31.29
$32.30
50-Day Range
$26.04
$31.93
52-Week Range
$24.95
$46.34
Volume
1.34 million shs
Average Volume
1.60 million shs
Market Capitalization
$151.20 million
Assets Under Management
$150.98 million
Dividend Yield
10.35%
Net Expense Ratio
0.75%
SARK stock logo

About AXS Short Innovation Daily ETF (NASDAQ:SARK)

The AXS Short Innovation Daily ETF (SARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed fund that seeks to achieve -1x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions. SARK was launched on Nov 9, 2021 and is managed by AXS Investments.

SARK Stock Price History

SARK ETF News Headlines

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SARK AXS Short Innovation Daily ETF
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Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
See More Headlines
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Fund Details

Issuer
AXS Investments
Fund Name
AXS Short Innovation Daily ETF
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:SARK
Inception Date
11/9/2021
Fund Manager
Matthew Tuttle, Parker Binion
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
ARK Innovation ETF
Category
Strategy
Focus
Theme
Development Level
Blended Development
Region
Global
Number of Holdings
5

Fund Statistics

Assets Under Management
$150.98 million
Average Daily Volume
$0.00
Discount/Premium
-0.02%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
UMB Fund Services, Inc.
Advisor
AXS Investments LLC
Custodian
Brown Brothers Harriman & Co.
Distributor
IMST Distributors, LLC
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Flow Traders

Options

Optionable
Optionable
Options Volume
2,418
Put Options
777
Call Options
1,641

Miscellaneous

Beta
-1.62
Creation Unit
25,000
Creation Fee
$250.00
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AXS Short Innovation Daily ETF Expenses

TypeSARKTheme ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%0.57%0.54%0.48%0.51%
Other Expenses0.31%0.72%0.54%0.34%0.58%
Total Expense1.06%0.72%0.70%0.58%0.70%
Fee Waiver-0.31%-0.76%-0.55%-0.22%-0.57%
Net Expense0.75%0.59%0.60%0.54%0.58%

AXS Short Innovation Daily ETF (SARK) Holdings

Top 5 SARK Holdings

  • Us Dollars
    Holding Weight: 94.42%
  • Cfd Ark Innovation Etf
    Holding Weight: 41.67%
  • Cfd Ark Innovation Etf
    Holding Weight: 38.23%
  • Cfd Ark Innovation Etf
    Holding Weight: -36.20%
  • Cfd Ark Innovation Etf
    Holding Weight: -38.12%

SARK ETF - Frequently Asked Questions

How have SARK shares performed in 2024?

AXS Short Innovation Daily ETF's stock was trading at $25.96 at the beginning of 2024. Since then, SARK shares have increased by 21.3% and is now trading at $31.50.
View the best growth stocks for 2024 here
.

Are investors shorting AXS Short Innovation Daily ETF?

AXS Short Innovation Daily ETF saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,300 shares, a drop of 99.9% from the March 15th total of 1,830,000 shares. Based on an average trading volume of 2,700 shares, the days-to-cover ratio is currently 0.5 days.
View AXS Short Innovation Daily ETF's Short Interest
.

How often does AXS Short Innovation Daily ETF pay dividends? What is the dividend yield for AXS Short Innovation Daily ETF?

AXS Short Innovation Daily ETF declared a dividend on Tuesday, December 26th. Shareholders of record on Wednesday, December 27th will be paid a dividend of $3.2644 per share on Friday, December 29th. The ex-dividend date of this dividend is Tuesday, December 26th.
Read our dividend analysis for SARK
.

What does SARK invest in?

AXS Short Innovation Daily ETF is a equity fund issued by AXS Investments. SARK focuses on theme investments and follows the ARK Innovation ETF. The fund's investments total to approximately $150.98 million assets under management.

What is the management fee for AXS Short Innovation Daily ETF?

AXS Short Innovation Daily ETF's management fee is 0.75% and has other expenses of 0.31%. However, SARK has a fee waiver of -0.31% to reimburse the expenses. The net expense ratio for SARK is 0.75%.

Who are AXS Short Innovation Daily ETF's major shareholders?

AXS Short Innovation Daily ETF's stock is owned by many different retail and institutional investors. Top institutional investors include Nicholas Hoffman & Company LLC. (0.31%).

How do I buy shares of AXS Short Innovation Daily ETF?

Shares of SARK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SARK) was last updated on 4/23/2024 by MarketBeat.com Staff

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