Cathie Wood's ARK buys over $14M in Tesla stock, sells Coinbase in latest trades
Cathie Wood's ARK ETFs have made significant moves in the stock market on Thursday, March 28th, 2024, with Tesla Inc being the centerpieces of the day's trading activity. ARK's largest transaction involved purchasing a hefty 79,951 shares of electric vehicle giant Tesla, amounting to a staggering $14,377,588 in value. This move underscores ARK's continued bullish stance on Tesla, which has been a recurring theme in the fund's investment strategy.
Investors following Cathie Wood's ARK ETFs can see a pattern of consistent interest in certain sectors and companies, with the latest trades providing insight into the fund's strategic shifts and convictions. As always, market watchers will be keen to see how these moves play out in the ever-evolving investment landscape.
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