Cathie Wood’s ARK ETF recently made changes to its portfolio by purchasing Amazon stock. This move was made as part of their ongoing strategy to adjust their holdings. Wood’s ARK ETF is known for actively managing its investments to capitalize on growth opportunities in the market. The purchase of Amazon stock indicates their confidence in the company’s potential for future growth. This adjustment is in line with ARK ETF’s approach of seeking out innovative and high-growth companies to include in their portfolio.