Cathie Wood-Led Ark Loads Up On GOOG, AMD, NVDA And Biotech Stocks — But Sells CRWV, AVGO, LLY
Detailed summary
The latest round of trades touched multiple ARK ETFs, spanning artificial intelligence, semiconductors, biotechnology, defense and space-related companies.
Cathie Wood-led ARK Investment Management made fresh moves across its portfolio on Friday, adding to several high-profile technology stocks while trimming exposure to a handful of established names.
The latest round of trades touched multiple ARK ETFs, spanning artificial intelligence, semiconductors, biotechnology, defense and space-related companies. The activity also included changes to some of the firm's cryptocurrency and healthcare holdings.
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Alphabet Inc. (GOOG) featured among ARK's notable purchases, with the investment firm adding shares through ARK Innovation ETF (ARKK) and ARK Next Generation Technology ETF (ARKW).
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