cathie Wood closed one of the exchange-traded funds

the first time its Ark Investment Management revoked an ETF

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

It started at the end of last year

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

Those who have earned high transparency scores

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

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

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

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