cathie Wood closed one of the exchange-traded funds

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the first time its Ark Investment Management revoked an ETF

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The company based in Petersburg, Fla. closed the ARK Transparency ETF (CTRU), according to regulatory filings

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It started at the end of last year

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Teladoc Health Inc. And with holdings like Spotify Technology SA, the fund aims to invest in companies that do

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Those who have earned high transparency scores

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The fund has received assets of only $12 million since its inception

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Part of the $9 billion in Wood's main fund

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ARKK Wood is down more than 50% as the Federal Reserve raises interest rates

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Since December, Ark has lost nearly half of the assets it manages

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