263ce7f0
2021-07-23
Zoom quarantine saver
Cathie Wood Loads Up Another $12M In Zoom, Continues Shedding Stakes In Alibaba Rivals Tencent, JD
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No other Ark Invest ETF holds shares of Zoom.</p>\n<p>Zoom isstepping up effortsto boost presence in phone calling services as it looks to diversify beyond video-calling. The San Jose, California-based Zoom is among Wood’s bets that have done well amid the rush to work and learn from home during the pandemic last year.</p>\n<p>Together the two ETFs held 3.5 million shares, worth $1.24 billion, in Zoom ahead of Thursday’s trades.</p>\n<p><b>Divesting From China:</b>Wood has been gradually shedding stakes in Chinese tech companies<b>Tencent Holdings</b>(OTC:TCEHY) and<b>JD.com Inc</b>(NASDAQ:JD), which are rivals to<b>AlibabaGroup Holding Ltd’s</b>(NYSE:BABA).</p>\n<p>The New York-based investment firm sold 11,900 shares, estimated to be worth about $828,716, in Tencent via five of its six active ETFs.</p>\n<p>Tencent shares closed 0.36% lower at $69.64 on Thursday.</p>\n<p>The investment firm deployed ARKK to sell Tencent shares on Thursday and nearly exited the entire stake from the innovation ETF.</p>\n<p>The five ETFs held a total of 4.87 million shares, worth $355 million, in Tencent ahead of Thursday’s trade.</p>\n<p>Ark Invest also shed 7,186 shares, estimated to be worth about $545,849, in<b>JD.com Inc</b>(NASDAQ:JD).</p>\n<p>JD shares closed 0.28% lower at $75.91 on Thursday.</p>\n<p>Ark Invest holds shares in JD.com via four of its six active ETFs but deployed the<b>Ark Space Exploration & Innovation ETF</b>(BATS:ARKX) to sell the shares. After Thursday’s trade, ARKX has nearly sold all the shares that it held in JD.com.</p>\n<p>Ahead of Thursday’s trade, the four ETFs held 5.36 million, worth $404 million in JD.com.</p>\n<p>Some of the other key buys on Thursday included<b>Quantum-Si Inc</b>(NASDAQ:QSI) and<b>DraftKings Inc</b>(NASDAQ:DKNG) and sells included<b><a href=\"https://laohu8.com/S/RAVN\">Raven Industries</a> Inc</b>(NASDAQ:RAVN).</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Loads Up Another $12M In Zoom, Continues Shedding Stakes In Alibaba Rivals Tencent, JD</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Loads Up Another $12M In Zoom, Continues Shedding Stakes In Alibaba Rivals Tencent, JD\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-23 14:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Cathie Wood</b>-led<b>Ark Investment Management</b>on Thursday snapped up 32,807 shares, estimated to be worth about $11.85 million, in<b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc</b>(NASDAQ:ZM).</p>\n<p>Shares of the video calling company closed 2.39% higher at $361.39 on Thursday.</p>\n<p><b>Doubling Down On <a href=\"https://laohu8.com/S/ZM\">Zoom</a>:</b>The popular ETF money managing firm bought the shares of Zoom via the<b>Ark Innovation ETF</b>(NYSE:ARKK) and the<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW). No other Ark Invest ETF holds shares of Zoom.</p>\n<p>Zoom isstepping up effortsto boost presence in phone calling services as it looks to diversify beyond video-calling. The San Jose, California-based Zoom is among Wood’s bets that have done well amid the rush to work and learn from home during the pandemic last year.</p>\n<p>Together the two ETFs held 3.5 million shares, worth $1.24 billion, in Zoom ahead of Thursday’s trades.</p>\n<p><b>Divesting From China:</b>Wood has been gradually shedding stakes in Chinese tech companies<b>Tencent Holdings</b>(OTC:TCEHY) and<b>JD.com Inc</b>(NASDAQ:JD), which are rivals to<b>AlibabaGroup Holding Ltd’s</b>(NYSE:BABA).</p>\n<p>The New York-based investment firm sold 11,900 shares, estimated to be worth about $828,716, in Tencent via five of its six active ETFs.</p>\n<p>Tencent shares closed 0.36% lower at $69.64 on Thursday.</p>\n<p>The investment firm deployed ARKK to sell Tencent shares on Thursday and nearly exited the entire stake from the innovation ETF.</p>\n<p>The five ETFs held a total of 4.87 million shares, worth $355 million, in Tencent ahead of Thursday’s trade.</p>\n<p>Ark Invest also shed 7,186 shares, estimated to be worth about $545,849, in<b>JD.com Inc</b>(NASDAQ:JD).</p>\n<p>JD shares closed 0.28% lower at $75.91 on Thursday.</p>\n<p>Ark Invest holds shares in JD.com via four of its six active ETFs but deployed the<b>Ark Space Exploration & Innovation ETF</b>(BATS:ARKX) to sell the shares. After Thursday’s trade, ARKX has nearly sold all the shares that it held in JD.com.</p>\n<p>Ahead of Thursday’s trade, the four ETFs held 5.36 million, worth $404 million in JD.com.</p>\n<p>Some of the other key buys on Thursday included<b>Quantum-Si Inc</b>(NASDAQ:QSI) and<b>DraftKings Inc</b>(NASDAQ:DKNG) and sells included<b><a href=\"https://laohu8.com/S/RAVN\">Raven Industries</a> Inc</b>(NASDAQ:RAVN).</p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W","BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118817670","content_text":"Cathie Wood-ledArk Investment Managementon Thursday snapped up 32,807 shares, estimated to be worth about $11.85 million, inZoom Video Communications Inc(NASDAQ:ZM).\nShares of the video calling company closed 2.39% higher at $361.39 on Thursday.\nDoubling Down On Zoom:The popular ETF money managing firm bought the shares of Zoom via theArk Innovation ETF(NYSE:ARKK) and theArk Next Generation Internet ETF(NYSE:ARKW). No other Ark Invest ETF holds shares of Zoom.\nZoom isstepping up effortsto boost presence in phone calling services as it looks to diversify beyond video-calling. The San Jose, California-based Zoom is among Wood’s bets that have done well amid the rush to work and learn from home during the pandemic last year.\nTogether the two ETFs held 3.5 million shares, worth $1.24 billion, in Zoom ahead of Thursday’s trades.\nDivesting From China:Wood has been gradually shedding stakes in Chinese tech companiesTencent Holdings(OTC:TCEHY) andJD.com Inc(NASDAQ:JD), which are rivals toAlibabaGroup Holding Ltd’s(NYSE:BABA).\nThe New York-based investment firm sold 11,900 shares, estimated to be worth about $828,716, in Tencent via five of its six active ETFs.\nTencent shares closed 0.36% lower at $69.64 on Thursday.\nThe investment firm deployed ARKK to sell Tencent shares on Thursday and nearly exited the entire stake from the innovation ETF.\nThe five ETFs held a total of 4.87 million shares, worth $355 million, in Tencent ahead of Thursday’s trade.\nArk Invest also shed 7,186 shares, estimated to be worth about $545,849, inJD.com Inc(NASDAQ:JD).\nJD shares closed 0.28% lower at $75.91 on Thursday.\nArk Invest holds shares in JD.com via four of its six active ETFs but deployed theArk Space Exploration & Innovation ETF(BATS:ARKX) to sell the shares. After Thursday’s trade, ARKX has nearly sold all the shares that it held in JD.com.\nAhead of Thursday’s trade, the four ETFs held 5.36 million, worth $404 million in JD.com.\nSome of the other key buys on Thursday includedQuantum-Si Inc(NASDAQ:QSI) andDraftKings Inc(NASDAQ:DKNG) and sells includedRaven Industries Inc(NASDAQ:RAVN).","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["ZM"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":19,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/175877872"}
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