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2021-10-05
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Cathie Wood Sells Another $112M In Tesla And Buys These Stocks Instead
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Thanks","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/820790100","repostId":1108250220,"repostType":4,"repost":{"id":"1108250220","pubTimestamp":1633425317,"share":"https://www.laohu8.com/m/news/1108250220?lang=&edition=full","pubTime":"2021-10-05 17:15","market":"us","language":"en","title":"Cathie Wood Sells Another $112M In Tesla And Buys These Stocks Instead","url":"https://stock-news.laohu8.com/highlight/detail?id=1108250220","media":"Benzinga","summary":"Cathie Wood-led Ark Invest further trimmed its Tesla Inc on Monday.\nThe popular asset management fir","content":"<p><b>Cathie Wood</b>-led <b>Ark Invest</b> further trimmed its <b>Tesla</b> <b>Inc</b> on Monday.</p>\n<p>The popular asset management firm sold 143,152 shares, estimated to be worth $111.87 million, in <b>the Elon Musk-</b>led company on Monday, its ninth such trade in Tesla since early September.</p>\n<p>Including the latest sale, the New York-based money managing firm has sold about $719 million worth of shares in the Palo Alto, California-based company, beginning September.</p>\n<p>The New York-based investment firm sold shares in Tesla via the <b>Ark Next Generation Internet ETF</b>, the <b>Ark Autonomous Technology & Robotics ETF</b> and the <b>Ark Innovation ETF</b> on Monday.</p>\n<p>Tesla shares, which have risen about 6% since Sept. 10, when Ark Invest began booking profit in the stock, closed 0.8% higher at $781.53 a share on Monday. On a YTD basis, Tesla shares have risen about 7.1% as of Monday’s close.</p>\n<p>Wood’s firm holds large bets in Tesla, which it predicts will hit the$3,000 mark at the end of 2025.</p>\n<p>Each of the three ETFs count Tesla as their largest exposure and held a total of 3.60 million shares — worth $2.79 billion — in the electric vehicle company, ahead of Monday’s trade.</p>\n<p>Ark Invest continues to have over 10% exposure to Tesla in each of its three active exchange-traded funds.</p>\n<p>Here are some of the other key trades for Ark on Monday:</p>\n<ul>\n <li>Bought 167,251 shares — estimated to be worth $9.76 million — in <b>Twitter Inc</b> , on the day shares of the Jack Dorsey-led social media company closed 5.79% lower at $58.39 a share.</li>\n <li>Bought 54,625 shares — estimated to be worth $12.52 million — in <b>Coinbase Global Inc</b> shares closed 0.80% lower at $229.31 on Monday.</li>\n</ul>","source":"lsy1606299360108","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 Sells Another $112M In Tesla And Buys These Stocks Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-05 17:15 GMT+8 <a href=https://www.benzinga.com/trading-ideas/long-ideas/21/10/23233008/cathie-wood-sells-another-112m-in-tesla-and-buys-these-stocks-instead><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Invest further trimmed its Tesla Inc on Monday.\nThe popular asset management firm sold 143,152 shares, estimated to be worth $111.87 million, in the Elon Musk-led company on Monday...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/10/23233008/cathie-wood-sells-another-112m-in-tesla-and-buys-these-stocks-instead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/10/23233008/cathie-wood-sells-another-112m-in-tesla-and-buys-these-stocks-instead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108250220","content_text":"Cathie Wood-led Ark Invest further trimmed its Tesla Inc on Monday.\nThe popular asset management firm sold 143,152 shares, estimated to be worth $111.87 million, in the Elon Musk-led company on Monday, its ninth such trade in Tesla since early September.\nIncluding the latest sale, the New York-based money managing firm has sold about $719 million worth of shares in the Palo Alto, California-based company, beginning September.\nThe New York-based investment firm sold shares in Tesla via the Ark Next Generation Internet ETF, the Ark Autonomous Technology & Robotics ETF and the Ark Innovation ETF on Monday.\nTesla shares, which have risen about 6% since Sept. 10, when Ark Invest began booking profit in the stock, closed 0.8% higher at $781.53 a share on Monday. On a YTD basis, Tesla shares have risen about 7.1% as of Monday’s close.\nWood’s firm holds large bets in Tesla, which it predicts will hit the$3,000 mark at the end of 2025.\nEach of the three ETFs count Tesla as their largest exposure and held a total of 3.60 million shares — worth $2.79 billion — in the electric vehicle company, ahead of Monday’s trade.\nArk Invest continues to have over 10% exposure to Tesla in each of its three active exchange-traded funds.\nHere are some of the other key trades for Ark on Monday:\n\nBought 167,251 shares — estimated to be worth $9.76 million — in Twitter Inc , on the day shares of the Jack Dorsey-led social media company closed 5.79% lower at $58.39 a share.\nBought 54,625 shares — estimated to be worth $12.52 million — in Coinbase Global Inc shares closed 0.80% lower at $229.31 on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":891,"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":22,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/820790100"}
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