Cathie Wood’s ARKK snapped its eight-month losing streak in July
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Cathie Woodâs flagship ARK Innovation ETF (NYSEARCA:ARKK) snapped its eight-month losing streak, finishing July with an advance for the month. This was the first positive monthly performance since October of 2021.
ARKK concluded the month of July +13.6% and amassed $394.16M of investor capital throughout the period.
Looking longer-term, ARKK hasnât had as good of a trading month since June of 2021, when the fund saw a return of +15.9%. 
Supporting ARKKâs recent leg higher were some of the exchange traded fund's top holdings. This included gains in stocks like Tesla (TSLA), Block (SQ) and Beam Therapeutics (BEAM).
For July, TSLA, which has a 9.94% weighting in ARKK and is the fundâs largest position, ended the month +30.9. Also in the green in July were shares of SQ, and BEAM at 19% and 58.3%, respectively.
SQ is ARKKâs fourth most significant position at 5.12% and BEAM is Woodâs ninth most prominent position inside of ARKK, weighted at 4.55%. BEAM was also the top performing stock in the entire ETF for July.
While Woodâs ARKK rallied, itâs still deep in the red on 2022 as a whole. Year-to-date, ARKK is -53.83%. From a bigger picture, ARKK is off its all-time high by 72% and is down 63% over a one-year trading period. See chart below: