Cathie Wood, the founder of ARK Invest, recently made some adjustments to the company’s ETF portfolio. One notable change was the decision to sell off Tesla stock. At the same time, Wood opted to purchase shares of GitLab. This move reflects Wood’s ongoing strategy of actively managing the ETF to capitalize on emerging opportunities in the market. Wood’s decision to sell Tesla stock and buy GitLab demonstrates her commitment to staying ahead of the curve and maximizing returns for ARK Invest’s investors.