Cathie Wood's Ark Invest Has 14% of Its Portfolio Invested in 2 Growth Stocks

Cathie Wood is the lead portfolio manager at Ark Invest, an asset management firm that runs a series of thematic index funds focused on disruptive technologies, everything from artificial intelligence and robotics to blockchain and DNA sequencing.Wood ranked among Wall Street's most successful stock pickers in 2020, the year her flagship Ark Innovation ETF soared 149%, trouncing the 16% return in the S&P 500 (^GSPC 0.11%). To be fair, she lost some of that credibility when the fund badly underperformed over ...