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2021-05-19

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Cathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake

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No other Ark ETF has a position in Apple.\nOther Ark Buys On Tuesday:\n<ul>\n <li>Square Inc</li>\n <li>StoneCo Ltd</li>\n <li>Signify Health Inc</li>\n <li>Recursion Pharmaceuticals Inc</li>\n <li>908 Devices Inc</li>\n <li>1life Healthcare Inc</li>\n <li>Codexis Inc</li>\n <li>Pacific Biosciences of California Inc</li>\n <li>Twilio Inc&nbsp;</li>\n <li>Draftkings Inc</li>\n <li>Crispr Therapeutics AG</li>\n <li>CoinbaseGlobal Inc</li>\n <li>Beam Therapeutics Inc</li>\n <li>Niu Technologies</li>\n <li>Atlas Crest Investment Corp&nbsp;</li>\n <li>Uipath Inc&nbsp;</li>\n <li>Blade Air Mobility Inc</li>\n <li>KASPI.KZ JSC</li>\n</ul>\nOther Ark Sells On Tuesday:\n<ul>\n <li>Guidewire Software Inc</li>\n <li>Yeahka Ltd&nbsp;</li>\n <li>Pluristem Therapeutics Inc</li>\n <li>Lendingtree Inc</li>\n <li>Synopsys Inc</li>\n <li>Syros Pharmaceuticals Inc&nbsp;</li>\n <li>Organovo Holdings Inc&nbsp;</li>\n <li>KE Holdings Inc&nbsp;</li>\n <li>Novartis AG&nbsp;</li>\n <li>Nintendo Co Ltd</li>\n <li>Huya Inc</li>\n <li>Workhorse Group Inc&nbsp;</li>\n <li>Virgin Galactic Holdings Inc&nbsp;</li>\n <li>Galileo Acquisition Corp&nbsp;</li>\n <li>Autodesk Inc&nbsp;</li>\n <li>HubSpot Inc</li>\n <li>Pinterest Inc&nbsp;</li>\n <li>Fastly Inc&nbsp;</li>\n <li>Baidu Inc&nbsp;</li>\n <li>Agora Inc&nbsp;</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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's Ark Loads Up Further On Tesla And Cuts Apple Stake\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\">\nBenzinga \n2021-05-19 16:23\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nCathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in&nbsp;Tesla Inc&nbsp;after a two-week gap during which shares of the electric vehicle company have retreated about 15%.\nThe New York-based investment firm bought 47,031 shares in Tesla via the&nbsp;Ark Innovation ETF&nbsp;and the&nbsp;Ark Autonomous Technology &amp; Robotics ETF.\nArk last&nbsp;bought Tesla shares on April 29&nbsp;as the stock dipped in the aftermath of the electric vehicle maker reporting&nbsp;earnings&nbsp;for the first quarter.\nARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.\nWood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s&nbsp;stand at crossroads with that&nbsp;of Tesla.\nArk Funds had in March&nbsp;updated&nbsp;its price target for Tesla to $3,000 per share by 2025.&nbsp;Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.\nThe investment firm, which has shed most of its&nbsp;Apple Inc&nbsp;shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.\nThe&nbsp;ARK Fintech Innovation ETF&nbsp;sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.\nOther Ark Buys On Tuesday:\n<ul>\n <li>Square Inc</li>\n <li>StoneCo Ltd</li>\n <li>Signify Health Inc</li>\n <li>Recursion Pharmaceuticals Inc</li>\n <li>908 Devices Inc</li>\n <li>1life Healthcare Inc</li>\n <li>Codexis Inc</li>\n <li>Pacific Biosciences of California Inc</li>\n <li>Twilio Inc&nbsp;</li>\n <li>Draftkings Inc</li>\n <li>Crispr Therapeutics AG</li>\n <li>CoinbaseGlobal Inc</li>\n <li>Beam Therapeutics Inc</li>\n <li>Niu Technologies</li>\n <li>Atlas Crest Investment Corp&nbsp;</li>\n <li>Uipath Inc&nbsp;</li>\n <li>Blade Air Mobility Inc</li>\n <li>KASPI.KZ JSC</li>\n</ul>\nOther Ark Sells On Tuesday:\n<ul>\n <li>Guidewire Software Inc</li>\n <li>Yeahka Ltd&nbsp;</li>\n <li>Pluristem Therapeutics Inc</li>\n <li>Lendingtree Inc</li>\n <li>Synopsys Inc</li>\n <li>Syros Pharmaceuticals Inc&nbsp;</li>\n <li>Organovo Holdings Inc&nbsp;</li>\n <li>KE Holdings Inc&nbsp;</li>\n <li>Novartis AG&nbsp;</li>\n <li>Nintendo Co Ltd</li>\n <li>Huya Inc</li>\n <li>Workhorse Group Inc&nbsp;</li>\n <li>Virgin Galactic Holdings Inc&nbsp;</li>\n <li>Galileo Acquisition Corp&nbsp;</li>\n <li>Autodesk Inc&nbsp;</li>\n <li>HubSpot Inc</li>\n <li>Pinterest Inc&nbsp;</li>\n <li>Fastly Inc&nbsp;</li>\n <li>Baidu Inc&nbsp;</li>\n <li>Agora Inc&nbsp;</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKK":"ARK Innovation ETF","AAPL":"苹果","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111575736","content_text":"Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in Tesla Inc after a two-week gap during which shares of the electric vehicle company have retreated about 15%.\nThe New York-based investment firm bought 47,031 shares in Tesla via the Ark Innovation ETF and the Ark Autonomous Technology & Robotics ETF.\nArk last bought Tesla shares on April 29 as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.\nARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.\nWood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s stand at crossroads with that of Tesla.\nArk Funds had in March updated its price target for Tesla to $3,000 per share by 2025. Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.\nThe investment firm, which has shed most of its Apple Inc shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.\nThe ARK Fintech Innovation ETF sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.\nOther Ark Buys On Tuesday:\n\nSquare Inc\nStoneCo Ltd\nSignify Health Inc\nRecursion Pharmaceuticals Inc\n908 Devices Inc\n1life Healthcare Inc\nCodexis Inc\nPacific Biosciences of California Inc\nTwilio Inc \nDraftkings Inc\nCrispr Therapeutics AG\nCoinbaseGlobal Inc\nBeam Therapeutics Inc\nNiu Technologies\nAtlas Crest Investment Corp \nUipath Inc \nBlade Air Mobility Inc\nKASPI.KZ JSC\n\nOther Ark Sells On Tuesday:\n\nGuidewire Software Inc\nYeahka Ltd \nPluristem Therapeutics Inc\nLendingtree Inc\nSynopsys Inc\nSyros Pharmaceuticals Inc \nOrganovo Holdings Inc \nKE Holdings Inc \nNovartis AG \nNintendo Co Ltd\nHuya Inc\nWorkhorse Group Inc \nVirgin Galactic Holdings Inc \nGalileo Acquisition Corp \nAutodesk Inc \nHubSpot Inc\nPinterest Inc \nFastly Inc \nBaidu Inc \nAgora Inc","news_type":1},"isVote":1,"tweetType":1,"viewCount":389,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/197056810"}