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ARK also sold 156,286 shares of Advanced Micro Devices on Friday, continuing a recent pattern of trimming that position
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Cathie Wood's ARK Invest picked up 243,707 Nvidia $NVDA shares on Friday at a total cost of approximately $53 million, according to Barron's. The buy came after Nvidia stock closed down 4.6% at $217.55 that day, pulling back from a surge driven by the chipmaker's latest earnings report.
The purchase fits a pattern that has emerged over recent months, with Wood adding to ARK's Nvidia holdings at the same time she has been paring back its AMD $AMD exposure. ARK sold 156,286 AMD shares on Friday as well.
