Cathie Wood of Ark Investment Management recently sold shares of a tech company just a week after buying them, showcasing her active portfolio management style. Despite experiencing ups and downs this year, her flagship Ark Innovation ETF is up 44% year-to-date, outperforming the S&P 500. Wood’s investment strategy focuses on high-tech companies in fields like AI and blockchain, aiming for long-term returns. However, recent outflows from her ETFs and the sale of shares in Advanced Micro Devices signal ongoing challenges in the tech sector. AMD’s stock performance has been volatile, affected by competition and market trends.

Read more at Yahoo Finance: Cathie Wood sells $22.3 million of popular tech stock