A new $8.38 million bet on CORO signals a shift toward active global investing as the ETF posts 31% returns.
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portfolio rotation ARK Invest Rotates Capital From Medical Hardware Into Genomic Data and Cloud Infrastructure
ARK Invest's portfolio risk exposure is now more sensitive to cloud buildouts, power availability, and the economics of scaling data centers. This shift follows a rotation toward data center capacity, precision medicine, and next-generation energy. On April 9, Cathie Wood sold 57,700 shares of Strata Critical Medical and 3,478 shares of BWX Technologies. The divestment from Strata Critical Medical follows a pattern of selling medical device companies that lack software and algorithm functionality. ARK Invest also reduced holdings in select semiconductor and internet names to fund purchases of 32,800 shares of GeneDx Holdings, a company that stores genomic data of rare diseases and pediatric illnesses, and 3,447 shares of Arcturus Therapeutics. The firm also bought $11 million of a megacap tech stock as part of a repositioning around compute, networking, and cloud capacity.
Sharkey, Howes & Javer acquired 260,697 shares of the iShares International Country Rotation Active ETF (CORO) in the first quarter of 2026, establishing a new position valued at $8.38 million by quarter-end. The purchase, disclosed in an SEC filing dated April 8, 2026, represents 1.13% of the firm’s 13F reportable assets under management—placing it outside the top five holdings but marking a strategic tilt toward active international exposure.
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margin trading A three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed market
Compliance with Bangladesh’s new margin rules by the 30 April 2025 deadline could force brokers to liquidate vast holdings of non-marginable securities, triggering fire sales in an already fragile market. The DSE Brokers Association (DBA) has formally requested a three-month extension, moving the deadline to 31 July 2025, warning that rushed implementation risks destabilising the capital market further. As of February 2025, total negative equity across brokerages and merchant banks reached Tk10,425 crore — Tk8,005 crore in principal margin loans and Tk2,420 crore in accrued interest. A total of 146 firms, including 102 DSE brokers, 39 merchant banks, and five CSE brokers, hold loans where collateral value has fallen below outstanding balances. The Margin Rules 2025, effective 1 November 2024, require full compliance on three fronts: risk-based capital adequacy, system integration, and the adjustment of non-marginable securities in loan portfolios. But brokers say they lack the time, skilled staff, and technical capacity to meet the deadline without selling off large volumes of collateral. Thousands of existing loan accounts hold significant positions in non-marginable shares, and forced sales would depress prices, hurt retail investors, and strain liquidity. The current market is already under pressure from geopolitical shocks — including the US-Iran war — and a domestic fuel crisis. Rushed implementation could lead to operational breakdowns and temporary halts in margin services. The DBA argues that a nine-month compliance window would allow for proper risk assessment, board approvals, system upgrades, and client communication. Firms are currently required to provision against margin loans not recovered within a year. But they have only set aside Tk2,946 crore — less than 37% of the Tk8,005 crore principal — leaving a Tk5,058 crore provisioning deficit. Without an extension, brokers may be forced into disorderly liquidations, deepening negative equity and prolonging market distress.
CORO is designed to rotate investments across international equity markets, adjusting allocations based on macroeconomic trends and market conditions. Its portfolio holds around 30 securities, with significant weightings in financials and technology sectors, and key exposure to Japan, Canada, and the U.K. Over the year ending March 31, 2026, the ETF delivered approximately 31% total returns. That performance surpasses the MSCI ACWI ex-U.S. benchmark’s 25% return and exceeds the S&P 500’s roughly 24% gain over the same stretch.
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social security Gas Price Surges May Inflate 2027 Social Security Raises Beyond 2026 Levels
Social Security recipients may receive a benefit increase in 2027 that exceeds the 2.8% cost-of-living adjustment (COLA) received at the start of 2026. This potential raise stems from a surge in gas and fuel prices following the Iran conflict. Because Social Security COLAs are tied directly to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), higher fuel costs drive up the index and the resulting adjustment. Retirees typically spend less on gas than workers do. Recipients may receive a larger benefit increase without paying the full cost of the commodity driving the raise.
The fund’s active strategy contrasts with passive international equity funds, aiming to generate alpha through tactical country selection. With $3.3 billion in assets and a net expense ratio of 0.55%, CORO combines scale with flexibility. Its 40% rise over the past year—compared to the S&P 500’s 24%—reflects growing investor appetite for differentiated global exposure after a prolonged period of U.S. market dominance.
Related Brief 1h ago
regulatory compliance A three-month delay in margin rules compliance could prevent forced sales in Bangladesh's stock market
Thousands of investor accounts in Bangladesh could face forced sales if brokers are required to meet the April 30, 2026 deadline for full compliance with the Margin Rules 2025. The DSE Brokers Association of Bangladesh (DBA) has requested a three-month extension, proposing a new deadline of July 31, 2026, citing operational, technical, and market-related hurdles. Brokers must implement board-approved conservative margin loan policies, a process involving internal consultations, risk assessments, board approvals, and system integration—steps many firms have yet to complete. Limited technical capacity and resources have slowed progress. Compliance also requires alignment with the Risk-Based Capital Adequacy (RBCA-2019) framework, which demands significant system upgrades, staff training, audits, and technological improvements. Rushed implementation risks operational disruptions in margin services. A core concern involves non-marginable securities held as collateral in thousands of accounts. Enforcing the rules by April 30 could force brokers to liquidate these positions, triggering sharp sell-offs. That could amplify market volatility, erode retail investor wealth, and tighten liquidity. The capital market is already under strain from global uncertainties, including geopolitical tensions and fuel price shocks. The DBA argues that an extension would allow for a smoother transition, preserving stability and protecting investor interests. The Bangladesh Securities and Exchange Commission (BSEC) has not yet responded to the request.
The Sharkey, Howes & Javer move suggests a belief that global market dispersion can be exploited rather than tracked. For investors, the transaction underscores a broader recalibration: the potential for outperformance lies not in global beta, but in active rotation amid diverging economic trajectories.
Related Brief 1h ago
bitcoin investing Michael Saylor's 'Think ₿igger' Post Signals New Bitcoin Buy Amid Geopolitical Turmoil
Bitcoin’s price fell to around $71,500 as geopolitical tensions flared following the collapse of high-stakes US-Iran peace talks in Islamabad. The breakdown, driven by disputes over Iran’s nuclear program and control of the Strait of Hormuz—a corridor for roughly 20% of global oil shipments—sparked fears of supply disruption and military escalation. In response, the US began minesweeping operations and naval deployments, rattling global markets and weakening risk appetite across asset classes. Amid this turmoil, Michael Saylor posted 'Think ₿igger' on X, accompanied by the 'Orange Dots' chart mapping Strategy’s (formerly MicroStrategy) past Bitcoin acquisitions. The signal, widely interpreted as foreshadowing new purchases, comes just after the company added $330 million in Bitcoin to its holdings—its first major buy since ending a 13-week pause. Strategy’s Bitcoin treasury is now worth nearly $54.84 billion. The company has resumed accumulation through fundraising via STRC shares and stands ready to deploy capital from a $42 billion ATM facility, suggesting further Bitcoin purchases could follow despite ongoing macro instability.
CORO’s 31% return in the past year marks the highest performance tier among comparable international strategies.
Related Brief 1h ago
social security benefits Harrison Ford’s Social Security Check Is Nearly Double the Average — Here’s Why His Lifetime Earnings Don’t Matter as Much as Timing
Harrison Ford collects an estimated $4,640 per month in Social Security, nearly double the average American retiree’s benefit of $2,071. That gap isn’t just about fame or fortune — it’s about timing. Ford likely waited until age 70 to claim, the last year to earn full delayed retirement credits, which boost benefits by 32% over full retirement age. The maximum benefit available in 2012, when he turned 70, was $3,266. After 12 years of cost-of-living adjustments, that base grows to about $4,640 today. Social Security doesn’t reward lifetime fame — it rewards high earnings in the top 35 years and patience. Ford’s early career earnings don’t matter; only his peak decades count. And while $4,640 is substantial, it’s almost certainly a minor part of his income. Royalties, residuals, and new roles likely dwarf his monthly check from the Social Security Administration.
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