Cathie Wood-owned Ark Invest began accumulating shares of Tesla, Inc. (NASDAQ: TSLA) this week, reversing from being a seller for consecutive months.

What Happened: The string of stock sales reduced Tesla to being the second ranker in Ark’s flagship fund – the ARK Innovation ETF (NYSE: ARKK) in the week ending May 20.

Ark Invest holds Tesla in two of its ETFs – the ARKK and the ARK Next Generation Internet ETF (NYSE: ARKW). The Wood-run …

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