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Star stock picker Cathie Wood’s latest move is to Florida.
His company, ARK Investment Management LLC, said on Wednesday that it will close its New York headquarters permanently at the end of the month and move to St. Petersburg, Fla. On November 1. Known for its line of exchange-traded funds that invest in companies deemed disruptive and innovative in their industries, ARK said it aims to deepen ties with local entrepreneurs and tech startups by also building an innovation hub.
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