Signs of rally! Fund manager Cathie Wood's Ark Invest bought another chunk of $Tesla(TSLA.US)$ shares on Friday and also scooped up three more of its favorite tech names.
What Happened: Ark Invest's flagship fund $ARK Innovation ETF(ARKK.US)$ bought 31,018 shares of Tesla on Friday, a daily trade disclosure by the fund showed. The shares are valued at $4.66 million, based on the closing price of $150.23 on Friday, when it fell 4.72%. Ark Invest has been bulking up on the beaten-down Tesla shares since Wednesday.
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