ZnWC
Excellent Contributor
joined discussion · Jul 16, 2024 06:52
Ark Invest bought 38.04K Tesla's share worth $9.44 million
$Tesla (TSLA.US)$$BYD COMPANY (01211.HK)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$As of 12 July 2024, Cathie Wood, CEO of Ark Invest, is holding 4.96 million Tesla's shares worth $1.23 billion. Using the Moomoo app, you can check how much Tesla's share Cathie Wood is holding by using Institutional Tracker: Menu>Market>Select US stock>scroll down to select Ark Investment Management LLC You should see Tesla stock as the first few on the list showing the number of share holding, share value etc. Click the stock and you can see Cathie Wood's trading details. Someone will use her selling Tesla's share as 'panic selling' without reporting how much share she is holding. In fact, the amount of Tesla's share she sold is small compared to the amount held indicating it is just portfolio adjusting. Cathie Wood is super bullish on Tesla stock and declares a target price of USD 2,000 (expected value) by year 2027.
ZnWC
OPcloudreaming
:
It is quite common to do portfolio adjustment by any hedge fund. Not surprisingly, sell high buy low is a strategy used by many traders.
李白的李 : As soon as he buys, it will start to fall; if he sells, it will rise
cloudreaming : It only sold and bought it back in a few days
ZnWC OP 李白的李 : It is quite common to do portfolio adjustment by any hedge fund. Are you making a loss in your trade?
ZnWC OP cloudreaming : It is quite common to do portfolio adjustment by any hedge fund. Not surprisingly, sell high buy low is a strategy used by many traders.