Cathie Wood's ARK Shows New Stake in Pinduoduo (PDD) Via AKRW Active ETF

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:

You May Also Be Interested In

• Cathie Wood's ARK Buys Another 1M Shares of Palantir (PLTR), 600K Shares of DraftKings (DKNG) on Wednesday
• GameStop (GME) Falls on Downgraded to "Sell" at Ascendiant Capital on Foggy Outlook and Significant Digital and Execution Risks, PT Lowered to $10
• Cathie Wood's ARK Added to Butterfly Network (BFLY), Twitter (TWTR) Stakes on Monday