Cathie Wood’s ARK Invest has made some notable moves in their portfolio recently. They have purchased shares of BEAM and CRSP while selling off positions in PLTR and SQ stock.
BEAM, a cannabis company, and CRSP, a biotech firm, have caught the attention of ARK Invest. Both companies are known for their innovative approaches in their respective industries.
On the other hand, ARK Invest has decided to part ways with Palantir Technologies (PLTR) and Square (SQ) stock. Both companies have been popular picks in the past, but ARK Invest seems to believe that their money is better invested elsewhere.
Overall, Cathie Wood’s ARK Invest continues to make strategic decisions in their portfolio, adjusting their holdings to align with their investment goals. Investors will be watching closely to see how these changes play out in the coming months.