Cathie Wood's new space ETF trounced the first-day trading activity of Ark's previous fund launch

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The moon’s shadow over the United States from space is seen from the International Space Station from outer space


Trading volume for Cathie Wood’s newest ETF has soared during its first day on the market.

More than $200 million worth of shares of the Ark Space Exploration and Innovation ETF changed hands as of 2 p.m. ET, far surpassing the first-day action of Ark’s last fund that launched in 2019. The Ark Fintech Innovation ETF saw just $1.2 million worth of shares traded on its first day, according to Bloomberg.

The space ETF opened at $20.50 and is currently trading down 1.27%.

The fund’s top holding is Trimble, a technology company that provides GPS, laser, and optical technologies for various industries. The California-based company has an 8.61% weight in the ETF.

Boeing, Lockheed Martin, and Ark’s 3D printing ETF are also among the top 10 holdings.

Ark ETFs have pulled in nearly $16 billion this year despite the volatility that rocked Wood’s flagship fund.