ARK Innovation ETF Reinvests in Nvidia, Highlights AI Potential

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Apr 09, 2025
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ARK Innovation ETF, led by Cathie Wood, has repurchased shares in Nvidia (NVDA, Financial) following previous sell-offs. Wood is a strong advocate for artificial intelligence, viewing it as one of the most disruptive technologies in history. Despite initially investing in Nvidia during its low-profile days, ARK Innovation ETF exited their position too early, missing out on significant stock gains driven by AI advancements from mid-2023 to 2024. Recently, the ETF acquired 151,979 shares of Nvidia, valued at approximately $14.8 million. This purchase positions Nvidia as the 32nd largest holding within the ETF, with a portfolio weight of 0.33%. In contrast, Tesla remains the ETF's largest holding, with a substantial weight of 11.94%.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.