Ark Investment Management, founded by Cathie Wood, continued its Tesla, Inc. (NASDAQ:TSLA) buying spree on Tuesday, even as the stock struggles to make meaningful headway. The firm also accumulated a few key portfolio stocks ahead of their earnings releases.
What Happened: Ark, through its flagship Ark Innovation ETF (NYSE:ARKK), added 28,684 Tesla shares valued at $5.5 million. Despite rising as much as 2.84% in early trading, the stock gave back much of its gains and settled the session up a modest 0.35% at $191.59, according to Benzinga Pro data.
The firm has accumulated Tesla shares in all four sessions following the company's fourth-quarter double miss.
Ark remains bullish on Tesla, expecting the stock to hit $2,000 by 2027, with much of the valuation framework attributable to the robo-taxi service.
Other Trades:
Ark also increased its position in Robinhood Markets, Inc. (NASDAQ:HOOD), as ARKK picked up 106,058 shares with an estimated value of $1.17 million. The retail trading giant has exposure to cryptocurrencies via crypto offerings on its platform. The company is due to release its quarterly results on Feb. 13.
Social ecommerce company Pinterest, Inc. (NYSE:PINS) was back in favor at Ark. Through ARKK and Ark Next Generation Internet ETF (NYSE:ARKW), the firm added 54,876 Pinterest shares valued at $2.12 million. This ad-dependent platform provider is due to release its fourth-quarter results on Feb. 8.
The firm also purchased $2.4 million worth of SoFi Technologies, Inc. (NASDAQ:SOFI), which jumped 20% on Monday following the financial services company's earnings release.
On the other hand, Ark sold 48,625 shares of Zoom Video Communications, Inc. (NASDAQ:ZM), the fourth biggest holding of ARKK. The sale would have fetched the firm $3.27 million.
Wood halted purchases of Ark's spot Bitcoin ETF, the ARK 21Shares Bitcoin ETF (CBOE: ARKB), on Tuesday after piling into the ETF since Jan. 18. From its debut session on Jan. 11, the ETF has shed about 6.74%.
ARKK ended Tuesday's session down 2.60% to $46.86, according to Benzinga Pro data.
由凯西·伍德创立的方舟投资管理公司周二继续疯狂买入特斯拉公司（纳斯达克股票代码：TSLA），尽管该股难以取得有意义的进展。该公司在财报发布前还积累了几只关键的投资组合股票。
发生了什么：方舟通过其旗舰方舟创新ETF（纽约证券交易所代码：ARKK）增加了28,684股特斯拉股票，价值550万美元。根据Benzinga Pro的数据，尽管在早盘交易中上涨了2.84％，但该股还是回吐了大部分涨幅，并收盘小幅上涨了0.35％，至191.59美元。
继特斯拉第四季度双亏之后，该公司在所有四个交易日均累积了特斯拉股票。
方舟仍然看好特斯拉，预计到2027年该股将达到2,000美元，其中大部分估值框架归因于机器人出租车服务。
其他交易：
方舟还增加了其在罗宾汉市场公司（纳斯达克股票代码：HOOD）的头寸，ARKK收购了106,058股股票，估计价值为117万美元。这家零售交易巨头通过其平台上的加密产品接触加密货币。该公司定于2月13日发布季度业绩。
社交电子商务公司Pinterest, Inc.（纽约证券交易所代码：PINS）再次受到方舟的青睐。通过ARKK和方舟下一代互联网ETF（纽约证券交易所代码：ARKW），该公司增加了价值212万美元的54,876股Pinterest股票。这家依赖广告的平台提供商将于2月8日发布其第四季度业绩。
该公司还收购了价值240万美元的SoFi Technologies, Inc.（纳斯达克股票代码：SOFI），该股在该金融服务公司发布财报后于周一上涨了20％。
另一方面，方舟出售了ARKK第四大持股公司Zoom Video Communications, Inc.（纳斯达克股票代码：ZM）的48,625股股票。此次出售将为该公司带来327万美元的收入。
伍德自1月18日起大量购买方舟的现货比特币ETF，即ARK 21Shares比特币ETF（芝加哥期权交易所：ARKB），于周二停止了对该ETF的购买。自1月11日的首次交易日以来，该ETF已下跌约6.74％。
根据Benzinga Pro的数据，ARKK周二收盘下跌2.60％，至46.86美元。
