Cathie Wood, Managing Director and Chief Investment Officer of ARK Investment Management LLC, speaks at the Sooner Than You Think conference in the Brooklyn neighborhood of New York on Tuesday, October 16, 2018.
Alex Flynn | Bloomberg | Getty Images
Cathie Wood from Ark Invest raised around $ 80 million You’re here actions during Tuesday’s rout and its subsequent return.
Electric car maker is the world’s largest holding company of Wood’s flagship ETF Ark Innovation (ARKK), with a weighting of 9.1% from Monday at the end of the day. The ETF, with $ 26.6 billion in assets under management, fell 3.3% on Tuesday, reducing its 2021 gains to 11.7%.