a new us exchange traded fund of cathie woodled ark invest will begin trading on wednesday the firm said what happened this will be ark invest’s ninth etf and its second to launch so far this year the investment firm’s ark space exploration  innovation etf bats arkx started trading in march this year ark invest said the fund is designed to track the stock price movements of the 100 most transparent companies in the world with focus on higher environmental social and governance standards it said transparency improves the performance of companies while benefiting the wellbeing of people and implies openness communication accountability and trust the fund would not invest in prerevenue companies and aim for companies with a minimum of 1 billion market capitalization mega cap or companies with over 100 billion market cap constitute a 20 weight of the fund as per the fact sheet the etf will begin trading with the ticker ctru on wednesday see also cathie woods ark space exploration etf to begin trading on tuesday the new fund is expected to exclude sectors such as alcohol gambling banking and oil and gas the fund counts cloudfare inc nyse net bloom energy corp nyse be tesla inc nasdaq tsla nvidia corp nasdaq nvda among top ten holdings as of oct 31