ARK Autonomous Technology & Robotics ETF is trading 3.6% down today as a multi-day rotation out of expensive AI and semiconductor names spills over into broader growth sectors, including industrial automation and robotics.
- The fund's growth-tilted industrial and tech holdings are under pressure despite strength in the Dow and a rotation into value-oriented industrials.
- Ongoing profit-taking in high-beta AI and automation plays persists alongside a weaker Nasdaq.