Shares ofNvidia Corp. (NASDAQ:NVDA) are soaring, riding the AI wave, while Cathie Wood‘s ARK Innovation ETF (NYSE:ARKK) sits on the sidelines. What Happened: ARK’s flagship fund hasn’t held Nvidia shares since early 2023, despite Wood’s belief in the potential of disruptive technologies. This decision has resulted in ARKK missing out on Nvidia’s stellar performance, with the fund down nearly 8% this year, Bloomberg reported on Thursday. Meanwhile, Wood’s smaller ETFs have recently reduced their already limited investments in the company led byJensen Huang. Nvidia recently reported impressive e…
