If I am correct: ARK sold TSLA and PLTR at the recent peak, But also FOMO and Bought both Stocks back at 55$++ and 280$++
-TSLA
-PLTR
-SQ
were sold out in the last 10 days.
But, the institution also bought back some of
+COIN
+Amazon
+ILMN
+Meta
at lower price.
But on Nov 6, they bought back 1 Billion worth of TSLA at +/- 281 $ and 468 Million worth of PLTR stock at +/- 55$ back in their portfolio...
(Probably FOMO for PLTR or tried to move TSLA stock up with huge buy order)
(COIN and CRSP were also notable amount in their portfolio)
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104013278 : while both counter are raise significantly
ZnWC : Ark Invest buy and sell Tesla stock to adjust the portfolio. There is a limit on how much to hold a particular stock.
Ark Invest bought 52.52K Tesla's share worth $15.15M
https://www.moomoo.com/community/feed/113444265394582?share_code=01zfkB
Buy_High_Sell_Low OP ZnWC : I updated my post, TSLA bought about 1 B on Nov 6.