Cathie Wood’s ARK Invest has made some notable moves in their active trading recently. They have purchased shares of Oklo, a nuclear reactor developer, while selling off their holdings in UiPath, a robotics process automation company.
This decision reflects ARK’s strategy of investing in innovative and disruptive companies. Oklo’s focus on advanced nuclear energy technology aligns with ARK’s interest in sustainable solutions for the future. On the other hand, the decision to sell UiPath may indicate a shift in ARK’s investment thesis or a reallocation of resources.
Overall, Cathie Wood’s ARK Invest continues to make bold moves in the market, staying true to their reputation as forward-thinking and high-conviction investors.