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Cathie Wood's Ark Invest snaps back with near record inflows following a week of outflows amid tech decline
1 month ago - By Business Insider
Summary List Placement
Cathie Wood's Ark Invest bounced back from record outflows last week with near record inflows, according to data compiled by Bloomberg.
The Ark Innovation Fund saw $464 million in inflows on Friday, representing the second-biggest day of inflows on record.
Wood has stuck to her high-growth strategy amid the recent market volatility, selling shares of large cap names like Apple and Amazon to fund purchases of higher-risk stocks like Tesla.
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Investors aren't abandoning Cathie Wood's Ark Invest...
Read more ...Cathie Wood's Ark Invest snaps back with near record inflows following a week of outflows amid tech decline
1 month ago - By Business Insider
Cathie Wood is the CEO and chief investment officer of ARK Invest, which runs three of the highest-returning stock ETFs of the last three years.
ARK Invest
Cathie Wood's Ark Invest bounced back from record outflows last week with near record inflows, according to data compiled by Bloomberg. The Ark Innovation Fund saw $464 million in inflows on Friday, representing the second-biggest day of inflows on record. Wood has stuck to her high-growth strategy amid the recent market volatility, selling shares of large cap names like Apple and Amazon to fund purchases of higher-risk stocks like...
Read more ...Cathie Wood is happy about the recent tech ‘reality check' as she buys more shares of her core plays
1 month ago - By CNBC
Ark Invest's flagship ETF - Ark Innovation - bought about $24.8 million worth of Teladoc Health stock on Monday, after the stay-at-home name lost nearly 25% last week.
Read more ...
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