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Why Cathie Wood Is Buying 2 Gene-Editing Stocks but Selling Another

Why Cathie Wood Is Buying 2 Gene-Editing Stocks but Selling Another

Cathie Wood believes in the potential of gene editing. It's not surprising that Wood's ARK Genomic Revolution ETF (NYSEMKT: ARKG) and ARK Innovation ETF (NYSEMKT: ARKK) have invested heavily in several gene-editing stocks. The ARK Innovation ETF recently sold some of its shares of Editas Medicine (NASDAQ: EDIT).