Nvidia, AMD In; Broadcom Out: Cathie Wood’s Latest AI ETF Shuffle - ARK Innovation ETF
Cathie Wood, the chief executive of ARK Invest, implemented a series of adjustments to her firm's exchange-traded funds on Friday, signaling a strategic pivot within the artificial intelligence sector. Rather than reducing the firm's overall exposure to the burgeoning AI market, the latest trades suggest a calculated reshuffle of assets. Wood continues to focus on a variety of sub-sectors, including semiconductor production, technology platforms, and the essential infrastructure that supports AI development.
ARK Invest Rebalances AI Holdings
The recent activity was detailed in ARK’s daily trade disclosures, which showed a clear preference for certain high-profile technology names. The ARK Next Generation Internet ETF, known by its ticker ARKW, was the primary vehicle for these acquisitions. Specifically, the fund purchased 40
Source: benzinga.com · 2026-11-09