ARK Buys the Dip in Tesla, Shows Strength in Active Management
October 21, 2022 at 16:24 PM EDT
ARK Invest’s Cathie Wood recently increased the ARK Innovation ETF (ARKK)‘s position in Tesla (TSLA), buying the dip, demonstrating an advantage of active management. On Thursday, ARK’s flagship fund added 66,190 shares of Tesla as the stock declined, reaching a 52-week low, closing at $202 per share with a loss of 6.7% following Tesla’s third-quarter earnings [...] The post ARK Buys the Dip in Tesla, Shows Strength in Active Management appeared first on ETF Trends .
