Cathie Wood Watch: Ark Buys Intercontinental-E-Commerce, Biotech Stocks

Renowned investor Cathie Wood, chief executive of Ark Expenditure Management, acquired shares of a biotech and a technologies company concentrated on enabling global e-commerce.

She also offered four providers. All valuations beneath are as of Tuesday’s close.

Ark Fintech Innovation ETF  (ARKF) – Get ARK Fintech Innovation ETF Report purchased 96,707 shares of World-wide-E Online  (GLBE) , the e-commerce enterprise, valued at $2.2 million. 

World wide-E Online’s e-commerce platform, the internet site claims, takes advantage of “localization capabilities, big-info, most effective-exercise organization intelligence types, [and] streamlined international logistics [to] permit vendors and brand names to raise intercontinental site visitors conversion and income and achieve considerable global online advancement.”

By Anisa