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2022-05-30

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How Much Tesla Stock Did Cathie Wood's Ark Invest Buy Last Week?

ZINGER KEY POINTSFrom mostly being a Tesla seller, Cathie Wood's Ark Invest began accumulating Tesla

How Much Tesla Stock Did Cathie Wood's Ark Invest Buy Last Week?

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The Wood-run fund snapped up Tesla shares in the first three trading sessions of the week. In the run-up to the current week, the stock had posted weekly declines for four straight weeks.From the start of the year through May 20, Tesla stock had shed about 37%. Ark apparently began buying the dip. Notwithstanding the purchases, Tesla is still second in terms of ARKK&#39;s weighting, behind Zoom Video Communications, Inc.. The former&#39;s weighting is 8.63% compared to Zoom&#39;s 9.50%.Tesla&#39;s weighting in the ARKW is 7.19% and the stock is ranked fourth behind Zoom Video, Roku, Inc. Grayscale Bitcoin.Here&#39;re the details of Ark&#39;s Tesla purchases in the week ended May 27:<img src=\"https://static.tigerbbs.com/fd3fb3d78c9959b68672c7ac6cab2728\" tg-width=\"1118\" tg-height=\"304\" referrerpolicy=\"no-referrer\"/>Cumulatively, Ark bought 43,282 Tesla shares through both the funds during the week, with the cumulative value of the purchases at $27.96 million.Tesla stock closed Friday&#39;s session 7.33% higher at $759.63, according to Benzinga Pro.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Much Tesla Stock Did Cathie Wood's Ark Invest Buy Last Week?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Much Tesla Stock Did Cathie Wood's Ark Invest Buy Last Week?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nBenzinga \n2022-05-30 11:17\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>ZINGER KEY POINTS<ul><li>From mostly being a Tesla seller, Cathie Wood&#39;s Ark Invest began accumulating Tesla stock in the recent week.</li><li>The fund made cumulative purchases worth about $28 million of the stock in three trading sessions</li></ul><img src=\"https://static.tigerbbs.com/97b090e6be1bd512096c36a9829ee96e\" tg-width=\"518\" tg-height=\"279\" referrerpolicy=\"no-referrer\"/>Cathie Wood-owned Ark Invest began accumulating shares of Tesla, Inc. last week, reversing from being a seller for consecutive months.What Happened: The string of stock sales reduced Tesla to being the second ranker in Ark&#39;s flagship fund – the ARK Innovation ETF(ARKK) in the week ending May 20.Ark Invest holds Tesla in two of its ETFs – the ARKK and the ARK Next Generation Internet ETF(ARKW). The Wood-run fund snapped up Tesla shares in the first three trading sessions of the week. In the run-up to the current week, the stock had posted weekly declines for four straight weeks.From the start of the year through May 20, Tesla stock had shed about 37%. Ark apparently began buying the dip. Notwithstanding the purchases, Tesla is still second in terms of ARKK&#39;s weighting, behind Zoom Video Communications, Inc.. The former&#39;s weighting is 8.63% compared to Zoom&#39;s 9.50%.Tesla&#39;s weighting in the ARKW is 7.19% and the stock is ranked fourth behind Zoom Video, Roku, Inc. Grayscale Bitcoin.Here&#39;re the details of Ark&#39;s Tesla purchases in the week ended May 27:<img src=\"https://static.tigerbbs.com/fd3fb3d78c9959b68672c7ac6cab2728\" tg-width=\"1118\" tg-height=\"304\" referrerpolicy=\"no-referrer\"/>Cumulatively, Ark bought 43,282 Tesla shares through both the funds during the week, with the cumulative value of the purchases at $27.96 million.Tesla stock closed Friday&#39;s session 7.33% higher at $759.63, according to Benzinga Pro.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172520072","content_text":"ZINGER KEY POINTSFrom mostly being a Tesla seller, Cathie Wood's Ark Invest began accumulating Tesla stock in the recent week.The fund made cumulative purchases worth about $28 million of the stock in three trading sessionsCathie Wood-owned Ark Invest began accumulating shares of Tesla, Inc. last week, reversing from being a seller for consecutive months.What Happened: The string of stock sales reduced Tesla to being the second ranker in Ark's flagship fund – the ARK Innovation ETF(ARKK) in the week ending May 20.Ark Invest holds Tesla in two of its ETFs – the ARKK and the ARK Next Generation Internet ETF(ARKW). The Wood-run fund snapped up Tesla shares in the first three trading sessions of the week. In the run-up to the current week, the stock had posted weekly declines for four straight weeks.From the start of the year through May 20, Tesla stock had shed about 37%. Ark apparently began buying the dip. Notwithstanding the purchases, Tesla is still second in terms of ARKK's weighting, behind Zoom Video Communications, Inc.. The former's weighting is 8.63% compared to Zoom's 9.50%.Tesla's weighting in the ARKW is 7.19% and the stock is ranked fourth behind Zoom Video, Roku, Inc. Grayscale Bitcoin.Here're the details of Ark's Tesla purchases in the week ended May 27:Cumulatively, Ark bought 43,282 Tesla shares through both the funds during the week, with the cumulative value of the purchases at $27.96 million.Tesla stock closed Friday's session 7.33% higher at $759.63, according to Benzinga Pro.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":5,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}