Cathie Wood, founder and CEO of ARK Invest, recently made some notable trades in her company’s portfolio. Wood purchased shares of Archer Aviation, a company focused on developing electric vertical takeoff and landing aircraft. In contrast, she decided to sell off some of her Tesla shares.
These moves come as part of ARK Invest’s strategy to capitalize on emerging technologies and trends in the market. Wood has been known for her bold investment decisions and forward-thinking approach to investing. Her decision to invest in Archer Aviation shows her confidence in the future of electric aviation, while selling Tesla shares may indicate a shift in her investment priorities.
Overall, Cathie Wood continues to be a prominent figure in the world of investing, with her ARK Invest fund gaining attention for its innovative approach to portfolio management. Her recent trades reflect her commitment to staying ahead of the curve and identifying promising opportunities in the market.