Cathie Wood's Ark Invest Adds Tesla Stock For Third Time This Week

Cathie Wood-led Ark Invest added more $Tesla (TSLA.US)$ stock to its portfolio on Wednesday, raising its exposure to the electric vehicle maker for the third time in a row this week.
Ark Invest bought 1,343 shares, estimated to be worth $884,768, in Tesla on Wednesday.
$ARK Innovation ETF (ARKK.US)$ $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ $ARK Next Generation Internet ETF (ARKW.US)$ The three ETFs held 1.30 million shares worth $817.7 million in Tesla before Wednesday’s trade.
The value of Tesla holdings that Ark Invest owns has shrunk by more than half since the beginning of the year.