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Cathie Wood bought a ton more Tesla amid Tuesday’s sell-off

Posted on 2/24/21 at 12:34 am
Posted by rickgrimes
Member since Jan 2011
4180 posts
Posted on 2/24/21 at 12:34 am
quote:

Ark Invest’s Cathie Wood scooped up more than $120 million worth of Tesla shares during Tuesday’s rout and subsequent comeback.

The electric car maker is the biggest holding of Wood’s flagship Ark Innovation ETF (ARKK), with a 9.1% weighting as of Monday end of day. The ETF, with $26.6 billion in assets under management, fell 3.3% on Tuesday, paring its 2021 gains to 11.7%.

LINK

Posted by slackster
Houston
Member since Mar 2009
84609 posts
Posted on 2/24/21 at 6:39 am to
What did she sell?
Posted by truthbetold
Member since Aug 2008
7631 posts
Posted on 2/24/21 at 6:49 am to
Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
815 posts
Posted on 2/24/21 at 9:59 am to
quote:

What did she sell?

Apple
Posted by Old Money
Member since Sep 2012
36311 posts
Posted on 2/24/21 at 10:01 am to
IWHI (Cathie)
Posted by barry
Location, Location, Location
Member since Aug 2006
50337 posts
Posted on 2/24/21 at 10:55 am to
She has so much money thrown at her from LPs, she doesn't know what to do with it.
Posted by Auburn1968
NYC
Member since Mar 2019
19369 posts
Posted on 2/24/21 at 11:00 am to
I like her focus on innovation and game changers that are emerging.
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