Cathie Wood's ARK Shows New Stake in Pinduoduo (PDD) Via AKRW Active ETF
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Cathie Wood's ARK Investment initiated a new stake in Pinduoduo Inc. (NASDAQ: PDD) through the ARKW active ETF on Monday. The firm bought 196,517 shares.
The firm also added shares of 3D Systems (NYSE: DDD), LendingClub (NYSE: LC), and Twilio (NYSE: TWLO), among other trades on Monday.
ARK discloses its trades daily M-F. The daily trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.
Below is a summary of trades from 03/15/21:
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