Ark Invest's Cathie Wood scooped up more than $120 million worth of Tesla shares during Tuesday's rout and subsequent comeback.
The electric car maker is the biggest holding of Wood's flagship Ark Innovation ETF (ARKK), with a 9.1% weighting as of Monday end of day. The ETF, with $26.6 billion in assets under management, fell 3.3% on Tuesday, paring its 2021 gains to 11.7%.
Source: cnbc.com