Cathie Wood, CEO of Ark Investment Management, is still buying tech stocks at risk.
Ark also acquired $10 million on Zoom and $12 million on Shopify (NYSE: SHOP) on Wednesday; on the other hand, it ended up selling 113,116 Disney stock (NYSE: DIS); the stock was worth $16.5 million at Wednesday’s close. So that is an exciting change from considering events.
Ark funds bought 82,895 stocks of Zoom at the cost of $10.1 million on Wednesday. In addition, Shopify bought 18,279 stocks for the Ark Next Generation ETF Report (ARKW). The investment was valued at US$ 12.1 million at the close of this Wednesday.
Ark exchange-traded funds acquired Zoom Video Communications (ZM). Shopify, Inc. (SHOP), the e-commerce giant Class A Report. Roku, Inc. (ROKU) is the streaming video platform for Class A reports. Sea Ltd. (SE), – Get Sea Ltd. Singapore Report, a Class A reporting and digital entertainment company.
Ark Innovation ETF (ARKK) made a few more purchases, such as over 66,732 Roku shares. On Wednesday, this was worth $8.9 million at the close of trading. It also paid $10 million for 84,911 stocks of Sea on Wednesday.
Ark Investments CEO Cathie Wood announced that this is an investment in the future of entertainment. These are exciting times for investors at Ark Investments as the company is performing well so far.