From Nasdaq, Inc.:

Cathie Wood’s Ark Invest bought over $11 million worth of Tesla shares, showing strong confidence in the company amidst market fluctuations. This purchase included 62,072 shares across multiple ETFs. Wood remains optimistic, despite Tesla’s Q4 earnings miss and recent market challenges. Ark also sold over $4.5 million worth of Nvidia shares on the same day, reflecting their adaptable investment approach.

Ark Invest also sold a significant stake in Shopify, while increasing investments in biotech, including Intellia Therapeutics and Ginkgo Bioworks, signaling a bullish outlook on genomics. They also diversified their portfolio with investments in emerging companies like Robinhood and Spotify, showing confidence in digital and tech-driven growth areas.



Read more: Not Shy Of Buying The Dip, Cathie Wood’s Ark Mops Up Over $11M Worth Of Shares In Tesla — Sells Nvidia Stock