Cathie Wood's ARK Buys Berkeley Lights (BLI) on Short-Seller Related Sell-Off, Trims More Tesla (TSLA)
Get Alerts BLI Hot Sheet
Join SI Premium – FREE
Cathie Wood's ARK bought 657,950 shares of Berkeley Lights Inc. (NASDAQ: BLI) on Thursday through two funds (ARKK, ARKG) with shares down 35% from Tuesday’s close on a short-seller report. The stock is down 70% YTD. The firm had been a large holder of the stock already, now owning 4,751,469 shares in the ARKK fund.
Further, Wood's ARK also trimmed more Tesla (NASDAQ: TSLA) stock, as it has been doing the past week or so. The fund sold 41,457 shares on Thursday through the main fund.
ARK also added 350,611 shares of Robinhood (NASDAQ: HOOD) through two funds (ARKF, ARKW).
Below is a summary of the firm's trades on 09/16/21:
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: Google, Pepsi rise; Boeing, Zillow fall
- Wall Street ends higher, investors juggle Fed nerves with AI enthusiasm
- Fed meeting, Apple/Google partnership, Nvidia - what's moving markets
Create E-mail Alert Related Categories
ETFs, Hedge Funds, Short Sales, Trader TalkRelated Entities
Tesla, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!