Investment hotshot Cathie Wood, chief executive of Ark Investment Management, on Thursday continued to gobble up beleaguered stocks.
That included a cryptocurrency exchange and a videogame-development platform. She did some selling, too. All valuations below are based on the May 12 close.
Ark funds purchased 331,588 shares of Unity Software (U ) - Get Unity Software, Inc. Report , the San Francisco provider of a videogame-development platform, valued at $11.6 million. The stock has dropped 73% year to date and rebounded a bit on May 13.
On the selling side, Ark funds dumped 533,061 shares of Sea (SE ) - ໄດ້ຮັບລາຍງານຈາກ Sea Ltd. (ສິງກະໂປ). , the Singapore-based digital entertainment company, valued at $32.8 million.
Ark Genomic Revolution ETF, (ARKG ) - ໄດ້ຮັບບົດລາຍງານ ETF Genomic Revolution ARK , unloaded 111,446 shares of Editas Medicine (ແກ້ໄຂ ) - ໄດ້ຮັບບົດລາຍງານ Editas Medicine, Inc , a biotechnology company, valued at $1.2 million.
Ark Next Generation Internet ETF (ARKW ) - ຮັບລາຍງານ ETF ອິນເຕີເນັດຮຸ່ນຕໍ່ໄປຂອງ ARK sold 116,812 shares of Nano Dimension (NNDM ) - ໄດ້ຮັບບົດລາຍງານ Nano Dimension Ltd , a provider of equipment for electronics manufacturing, valued at $273,340.
And Ark Next Generation also shed 52,800 shares of Burning Rock Biotech (BNR ) , ມູນຄ່າ 185,856 ໂດລາ.
ຕິດຕາມ S&P 500 ໃນຂະນະທີ່ກອງທຶນ Ark ໄດ້ຫຼຸດລົງໃນເດືອນທີ່ຜ່ານມາ, Wood ໄດ້ປ້ອງກັນຕົນເອງໂດຍສັງເກດເຫັນວ່ານາງມີຂອບເຂດການລົງທຶນຫ້າປີ.
And the five-year track record of her flagship fund Ark Innovation ETF (ARKK ) - ໄດ້ຮັບບົດລາຍງານ ETF Innovation ARK could indeed give investors comfort until May 9. The fund’s five-year return beat that of the S&P 500 until then. But the five-year annualized return of Ark Innovation totaled 9.87% through May 12, compared to 12.45% for the S&P 500.
Ark Innovation has slumped 54% this year, as Wood’s young, disruptive technology companies have hit the skids. And it’s down 73% from its February 2021 peak. Raging inflation and soaring interest rates have helped put the kibosh on tech stocks.
Still, Wood’s investors aren’t deserting her. Ark Innovation has enjoyed net inflows so far this year, as of May 9, taking in $41 million May 6, ລາຍງານ Bloomberg .
ມຸມເບິ່ງດາວເຊົ້າ ໃນຂະນະດຽວກັນ, ວັນທີ 29 ມີນາ, ນັກວິເຄາະ Morningstar Robby Greengold ໄດ້ອອກຄຳວິຈານຢ່າງຮ້າຍແຮງ ຂອງ Ark Innovation.
ລາວຂຽນວ່າ "ARKK ສະແດງໃຫ້ເຫັນສັນຍານຈໍານວນຫນ້ອຍຂອງການປັບປຸງການຄຸ້ມຄອງຄວາມສ່ຽງຫຼືຄວາມສາມາດໃນການຄົ້ນຫາອານາເຂດທີ່ທ້າທາຍທີ່ມັນຄົ້ນຫາຢ່າງສໍາເລັດຜົນ,"
"ນັບຕັ້ງແຕ່ການເພີ່ມຂຶ້ນເປັນ meteoric ໃນປີ 2020, ຍຸດທະສາດດັ່ງກ່າວແມ່ນຫນຶ່ງໃນກອງທຶນທີ່ຂາຍໃນສະຫະລັດທີ່ຮ້າຍແຮງທີ່ສຸດ. ... ການເອື່ອຍອີງຂອງ Wood ໃນ instincts ຂອງນາງໃນການກໍ່ສ້າງຫຼັກຊັບແມ່ນຄວາມຮັບຜິດຊອບ."
Wood ໄດ້ຕອບໂຕ້ຈຸດຂອງ Greengold ໃນການສໍາພາດທີ່ຜ່ານມາກັບ Magnifi Media ໂດຍ Tifin. "ຂ້ອຍຮູ້ວ່າມີບໍລິສັດເຊັ່ນນັ້ນ [Morningstar] ທີ່ບໍ່ເຂົ້າໃຈສິ່ງທີ່ພວກເຮົາເຮັດ," ນາງເວົ້າ.
“ພວກເຮົາບໍ່ເຫມາະກັບຫ້ອງແບບຂອງເຂົາເຈົ້າ. ແລະຂ້າພະເຈົ້າຄິດວ່າກ່ອງສະໄຕຈະກາຍເປັນສິ່ງຂອງອະດີດ, ຍ້ອນວ່າເຕັກໂນໂລຢີເຮັດໃຫ້ເສັ້ນຫວ່າງລະຫວ່າງແລະລະຫວ່າງຂະແຫນງການຕ່າງໆ.”