Cathie Wood acquired 416 Thousand Meta Platforms shares worth $249 Million. That's 2.53% of their equity portfolio (10th largest holding). The first Meta Platforms trade was made in Q4 2016. Since then Cathie Wood bought shares thirteen more times and sold shares on eleven occasions. The stake costed the investor $148 Million, netting the investor a gain of 68% so far.
Cathie Wood's ARK line of exchange-traded funds (ETFs) has made headlines once again, this time by trimming its stake in Meta Platforms Inc. (NASDAQ: META), ...
Ark Innovation ETF, or ARKK, sold stock in Meta Platforms for the first time in nearly a year.
The popular growth investor keeps adding to some of her favorite stocks.
Famed innovation investor Cathie Wood is attempting to stage a comeback after a somewhat sluggish past few years.