Cathie Wood Couldn't Stop Buying These 3 Stocks for ARK Invest Last Week
The hottest person in the usually quiet world of exchange-traded funds is Cathie Wood. Her ARK Invest actively managed ETFs have been a pioneering force in the industry, and the fact that they all doubled in price in 2020 was a huge selling point.
Wood is constantly buying and selling stocks for her five main active ETFs. However, three companies in particular really stood out last week, given the size and persistence of Wood's purchasing activity. Let's look at these companies and see whether they look like solid picks right now.
Image source: ARK Invest.
Source Fool.com