Cathie Wood's Ark Invest continued to significantly reduce its holdings in technology stocks like Nvidia on Friday.

BlockBeatNews

BlockBeats news, on March 28, according to Ark Invest Tracker statistics, following a significant reduction in technology stocks and cryptocurrency ETFs on Thursday, Ark Invest continued to significantly reduce its holdings in technology stocks such as NVIDIA on Friday.

This includes a reduction of over 58,000 shares of NVIDIA and over 19,000 shares of AMD, accounting for 0.1%-0.15% of the fund’s total value, while only buying 48,600 shares of biotechnology company Arcturus Therapeutics, indicating a shift from reducing AI chips to medical innovation.

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