Cathie Wood further reduces holdings in Nvidia, Meta, and other tech stocks, increases investment in the healthcare sector

Glonghui March 30｜"Sister Wood" Cathie Wood's ARK Invest disclosed last Friday’s ETF trading activities, revealing significant adjustments in the technology and healthcare sectors. ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF) together sold 58,119 shares of Nvidia stock, cashing out approximately 9.95 million US dollars. In addition, the fund also sold 10,500 shares of Meta stock, totaling around 5.75 million US dollars. In the semiconductor sector, ARK further reduced its holdings by 19,126 shares of AMD, cashing out about 3.9 million US dollars. On the other hand, in the healthcare sector, ARK increased its position. The ARK Genomic Revolution ETF (ARKG) purchased 48,659 shares of Arcturus Therapeutics Holdings, with a total value of approximately 344,500 US dollars.