According to Mars Finance, on March 28th, Ark Invest Tracker statistics show that following a significant reduction in holdings of tech stocks and crypto ETFs on Thursday, Ark Invest continued to significantly reduce its holdings of tech stocks, including NVIDIA, on Friday. This included selling over 58,000 shares of NVIDIA and over 19,000 shares of AMD, representing 0.1%-0.15% of the fund's total value. The fund only purchased 48,600 shares of biotechnology company Arcturus Therapeutics, indicating a shift from AI chip holdings to medical innovation.
Ark Invest, owned by Cathie Wood, continued to significantly reduce its holdings of Nvidia and other tech stocks on Friday.
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