Coming Avalanche of SaaS IPOs Could Spell Opportunity for This ETF

The ARK Web x.0 ETF (NYSEArca: ARKW) is up a staggering 91.53% year-to-date and ebullience among cloud computing, namely software-as-a-service (SaaS), stocks is a big reason why this actively managed ETF is soaring. ARKW components “are focused on and expected to benefit from shifting the bases of...