Cathie Wood Watch: Ark Buys Aerospace, China Car Maker; Sells Pharma


Star investor Cathie Wood, chief executive of Ark Investment Management, remains active in the tumultuous stock market, on Monday buying aerospace and Chinese-vehicle shares. She sold pharmaceutical stocks.

Ark funds purchased 817,817 shares of Archer Aviation  (ACHR) , an electric taxi aircraft maker, which was valued at $2.4 million. (All valuations are as of Monday’s close.)

Cathie Wood Watch: Ark Buys Biotech, Electric-Air-Taxi Producer 

Ark Autonomous Technology & Robotics ETF  (ARKQ) – Get ARK Autonomous Technology & Robotics ETF Report bought 53,228 shares of China’s BYD  (BYDDY) , which makes electric cars, valued at $2.3 million.

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