Cathie Wood Trims Tesla Stake And Buys These Stocks On Wednesday

Here are a few key Ark Invest $ARK Innovation ETF (ARKK.US)$ $ARK Next Generation Internet ETF (ARKW.US)$ $ARK Fintech Innovation ETF (ARKF.US)$ trades from Wednesday:

Bought 226,377 shares — estimated to be worth $64.7 million — in $Zoom Communications (ZM.US)$ on Tuesday. Shares of the company closed 1.92% higher at $285.66 a share.

Sold 17,787 shares — estimated to be worth $21.59 million — in $Tesla (TSLA.US)$ . Including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September. Shares closed 3.57% higher at $1,213.86 a share.

Bought 722,344 shares — estimated to be worth $26.75 million — in $Robinhood (HOOD.US)$ on the day shares closed 5.86% higher at $37.04 a share.

Bought 193,482 shares — estimated to be worth $9 million — in $DraftKings (DKNG.US)$ . The stock closed 1.6% lower at $46.84 a share.