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Cathie Wood Watch: Ark Buys Zoom, Sells Key Entertainment Name

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The Street

By Dan Weil Ark’s Wednesday purchases included $12 million of Shopify and $10 million of Zoom. Ark sold a major entertainment provider. Investment star Cathie Wood, chief executive of Ark Investment Management, continues to buy beleaguered technology stocks, as she promised she would. On Wednesday, Ark exchange-traded funds purchased shares of video-meetings platform Zoom Video Communications (ZM) – Get Zoom Video Communications, Inc. Class A Report, e-commerce titan Shopify (SHOP) – Get Shopify, Inc. Class A Report, video streaming platform Roku (ROKU) – Get Roku, Inc. Class A Report and digi…

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