AI, Big Tech plays right now from Ark Invest’s top ranked ETFs

Ark Invest’s Brett Winton has been making waves in the investment world, helping to secure the top two spots on Morningstar’s best performing ETFs list last quarter. Now, he is setting his sights on repeating that success with extensive exposure to Big Tech and aerospace industries.

As the strategist behind the No. 1 ranked Ark Innovation ETF (ARKK) and the runner-up Ark Space Exploration & Innovation ETF (ARKX), Winton is confident in the potential of these sectors. “We are in the earliest stages of a massive technological transformation here,” he stated in a recent interview with CNBC’s “ETF Edge.” Despite the inevitable challenges along the way, Winton believes that leaning into innovation over the long term is the key to success.

The Ark Innovation ETF saw an impressive 48% gain last quarter, bringing its total increase to 275% since its launch in October 2014. This actively managed fund focuses on cutting-edge advancements with practical implications for society. Winton pointed to Tesla’s successful launch of its robotaxi program in Austin, Texas as a prime example of the kind of innovation driving the fund’s success.

With Tesla as the top holding, followed by Coinbase, Roku, and Roblox, Winton is particularly bullish on infrastructure for artificial intelligence. He predicts a significant increase in investment in AI data centers, leading to groundbreaking advancements in AI performance.

The Ark Space Exploration & Innovation ETF also had a strong showing last quarter, gaining 36% and continuing to rise since its launch in March 2021. With top holdings including Kratos, Rocket Lab, and AeroVironment, the fund is positioned to capitalize on the growing importance of space technologies.

In addition to tech and aerospace, Ark Invest is also focusing on fintech stocks. Winton emphasized the transformative potential of developments like cryptocurrency and digital wallets, noting that traditional financial institutions will need to adopt these technologies to remain competitive. The Ark Fintech Innovation ETF (ARKF) has already seen a 45% increase this year, with top holdings including Shopify, Robinhood, and Coinbase Global.

Overall, Winton’s strategic vision for Ark Invest is centered around embracing innovation and staying ahead of the curve in rapidly evolving industries. With a track record of success and a forward-thinking approach, Ark Invest is poised to continue delivering impressive results for investors.