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.
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