On March 28th, according to Ark Invest Tracker, following a substantial sell-off of tech stocks and crypto ETFs on Thursday, Ark Invest continued its significant reduction of tech stocks, including Nvidia, on Friday. This involved selling over 58,000 shares of NVIDIA and more than 19,000 shares of AMD, representing 0.1%-0.15% of the fund's total value. The firm only purchased 48,600 shares of biotechnology company Arcturus Therapeutics, indicating a shift in focus from AI chip divestments to healthcare innovation.
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Ark Invest Continues Significant Tech Stock Sell-off, Reducing Nvidia and AMD Holdings
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