Cathie Wood's ARK Adds to New Pinduoduo (PDD) Stake

Cathie Wood's ARK Investment added to its newly initiated stake in Pinduoduo Inc. (NASDAQ: PDD), this time through the ARKF and ARKW active ETF. The new stake was first initiated Monday through ARKW. The firm also added to LendingClub (NYSE: LC), Twilio (NYSE: TWLO), Peleton (NASDAQ: PTON), and Vuzix (NASDAQ: VUZI), among other trades on Tuesday.

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 03/16/21:

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