Cathie Wood Watch: Ark Pivots on Nvidia and Buys Shares

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The Street

By Dan Weil Wood’s flagship Ark Innovation ETF has stumbled 45% during the past year but has rebounded 24% so far this year. Famed money manager Cathie Wood, chief executive of Ark Investment Management, on Friday reversed field on Nvidia (NVDA) – Get Free Report, buying the semiconductor titan’s stock after selling it for months. She also repeated the buying and selling of some major names that Ark has done in recent months. DON’T MISS: Cathie Wood’s Theory Behind Her Firm’s Tesla Investment As for Nvidia, ARK Autonomous Technology & Robotics ETF (ARKQ) – Get Free Report purchased 9,628 share…

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