Cathie Wood-LED Ark investment management dumped over 293,000 shares NVIDIA Corporation NVDA on Tuesday about two of the company’s exchange-traded funds. This comes just two weeks after Ark bought 366,982 shares NVIDIA Corporation NVDA and a day ahead of the tech company’s release of its second-quarter results.

Nvidia was the 23rd^approx largest stake in the company’s flagship ARK Innovation ETF ARKK with a weighting of 1.49% ahead of Tuesday’s trading, according to data on the company’s website.

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the context: The stock is down over 7% in a month to close at $171.81 on Tuesday. KeyBanc analyst John Vinh repeated its “Overweight” rating on NVIDIA and a price target of $230. Vinh expects second-quarter results to come in line with the company’s negative advance announcement on Aug. 8 and expects the quarter to mark the bottom.

Nvidia is expected to report second-quarter results after the bell on Wednesday. According to analyst consensus, Nvidia is expected to post sales of $8.1 billion and earnings per share of $1.25 Data by Benzinga.

Big purchase: Cathie Wood also bought 839,301 shares of Zoom Video Communications Inc ZMvia two of the company’s ETFs, valued at over $68 million based on Tuesday’s closing price. Zoom video is the 2^nd ARK Innovation ETF’s largest holding, valued at over $684 million with an 8.43% weighting.

zoom reported Second-quarter revenue of $1.1 billion, up 8% year over year.

The company reported earnings per share of $1.05 for the second quarter, beating Street’s estimate of 93 cents a share. MorganStanley analyst MetaMarshall has an Overweight rating and lowered its price target to $130 from $140 Gasoline Pro.