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Benzinga
Benzinga
Business
Vaishali Prayag

ARK Innovation ETF Hits 52-Week High As Top Holdings Drive Renewed Investor Interest

ARK Innovation ETF ETF Tesla Inc. ARKK Elon Musk Coinbase
Close-,Up,Of,Computer,Chip,With,Ai,Sign.,Artificial,Intelligence.

ARK Innovation ETF (BATS:ARKK) is pushing to fresh 52-week highs Thursday, buoyed by strong performances from its key holdings and renewed retail interest in AI and tech stocks.

What To Know: The fund, which closed at $73.19 Wednesday, is now up over 1.1% on the day and briefly touched its highest level in a year. The ETF's current momentum is tied closely to movements in its top positions, particularly Tesla, Coinbase and Roblox, alongside investor enthusiasm around disruptive innovation themes.

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