Cathie Wood Watch: Ark Shopify, Coinbase, LatAm электрондук соода фирмасын сатып алат

Investment luminary Cathie Wood, chief executive of Ark Investment Management, on Thursday bought and sold familiar names, including a Latin American e-commerce company.

Wood snagged several technology stocks that have struggled recently. She has said the plunge in tech stocks represents a buying opportunity.

Төмөндөгү бардык баалар бейшемби күнүнүн жабылышына карата.

Ark Fintech Innovation ETF (ARKF) - ARK Fintech Innovation ETF отчетун алыңыз purchased 2,861 shares of the Buenos Aires e-commerce-platform company MercadoLibre (MELI) - Get MercadoLibre, Inc. Report, valued at $2.6 million. The stock, currently trading around $905, has dropped by almost a third this year. The company focuses on South America, Central America and the U.S.

Ark funds bought 129,419 shares of Canadian e-commerce company Shopify (SHOP) - Shopify, Inc. Класс А отчетун алыңыз, 53.5 миллион долларга бааланган.

Ark каражаттары Coinbaseтин 63,039 XNUMX акциясын кымбаттады (монеталар) , АКШнын эң чоң криптовалюта алмашуусу, 7.2 миллион долларга бааланган.

Улантууга сыдырыңыз

Сатуу тарабында, Ark Innovation ETF (ARKK) - ARK Innovation ETF отчетун алыңыз unloaded 26,131 shares of electric vehicle titan Tesla (TSLA) - Tesla Inc отчетун алыңыз, valued at $22.8 million. In the past, Wood has said her Tesla sales merely represent profit-taking. The company remains Ark Innovation’s biggest holding.

Ark funds dumped 874,926 shares of social-media platform Twitter (TWTR) - Twitter, Inc. отчетун алыңыз, valued at $44 million. Wood has expressed approval of Tesla Chief Executive Elon Musk’s proposal to purchase the microblogging company, so this sale likely represents profit-sharing too.

And Ark Fintech Innovation sold 195,003 shares of real estate information service Zillow (Z) - Get Zillow Group, Inc. Class C Report, 7.8 миллион долларга бааланган.

Ark Innovation Performance

Ark Innovation has dropped 53% so far this year, amid the slump in technology stocks. It’s down 72% from its February 2021 peak. Wood has brushed off the descent, saying her investment focus is five years.

Indeed, Ark Innovation has outperformed the S&P 500 over the past five years. As of May 5, the ETF had an annualized total return of 15.3% during that period, compared with 13.6% for the S&P 500, according to Morningstar.

Сыягы, инвесторлор Вуддан баш тартышкан жок. Ark Innovation 790-апрелге карата жылына 29 миллион доллар инвестиция агымын көрдү. Bloomberg боюнча.

Source: https://www.thestreet.com/investing/cathie-wood-watch-shopify-coinbase-mercadolibre-tesla-twitter?puc=yahoo&cm_ven=YAHOO&yptr=yahoo