Cathie Wood Watch: Ark Buys Aerospace, China Carmaker; Sells Pharma

Asset manager Cathie Wood continues to buy and sell stocks amid the market's volatility. Last week, she had choice words about oil prices.
Star investor Cathie Wood, chief executive of Ark Investment Management, remains active in the tumultuous stock market, on Monday buying aerospace and Chinese-vehicle shares. She sold pharmaceutical stocks.
Ark funds purchased 817,817 shares of $Archer Aviation(ACHR.US)$ , an electric taxi aircraft maker, which was valued at $2.4 million. (All valuations are as of Monday’s close.)
$ARK Innovation ETF(ARKK.US)$ $ARK Next Generation Internet ETF(ARKW.US)$ $ARK Autonomous Technology & Robotics ETF(ARKQ.US)$