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Barchart
Patrick Sanders

Cathie Wood Is Still Buying CoreWeave Stock. Should You?

Cathie Wood has become a closely watched figure in the investing world. Through a grouping of exchange-traded funds managed by her Ark Invest company, Wood focuses on buying companies known for disruptive innovation and working in fields such as robotics, blockchain, and artificial intelligence.

One of Wood’s most recent purchases was on Feb. 20, when Wood purchased $3.2 million of CoreWeave (CRWV) stock. The purchase, which was made through Wood’s Ark Innovation ETF (ARKK), was Wood’s seventh purchase of CRWV stock in February alone, bringing Ark Invest’s total commitment to $181.3 million in stock.

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