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Ark Quietly Cuts Exposure To One Of Cathie Wood's Hottest Stocks

fa-mag.com
 2021-07-29

Cathie Wood may have been touting Roku Inc. as one of her top picks just two weeks ago, but her firm has been trimming its holdings in the video-streaming company all month. Ark Investment Management sold another 47,200 shares on Wednesday, bringing the total divestment since June 30 to about 520,000, according to Bloomberg calculations.

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