Cathie Wood Watch: Ark Unloads Some of a Favorite

Famed investor Cathie Wooden, chief govt of Ark Funding Administration, unloaded one among her favourite shares Jan. 23, maybe making an attempt to make the most of its current rebound.

Ark funds dumped 175,491 shares of Actual Sciences  (EXAS) – Get Free Report, a medical diagnostics firm well-known for its at-home colon most cancers check. That kitty was valued at $11.9 million as of the Jan. 23 shut.

The inventory has misplaced 11% over the previous yr, but it surely has jumped 119% since Oct. 14 buoyed by robust earnings and the general market’s rally. Actual Sciences is the largest holding in Wooden’s flagship Ark Innovation ETF  (ARKK) – Get Free Report.

By admin

Leave a Reply

Your email address will not be published.