Cathie Wood's Ark Invest is loading up on these 2 small-cap stocks

on two small-cap stocks, contrasting with its bets on high-profile tech giants like Tesla.

The well-known investor bought shares of metal 3D printing company Velo3D for the past eight trading days and a clinical-stage oncology treatment company Repare Therapeutics for the past seven sessions.Ark Invest holds $36.82 million of Velo3D stock, with a 6.2% stake in the company. The firm has a 6.04% stake in Repare Therapeutics, owning $32.5 million of the company's stock. The two companies are Ark Invest's 53rd and 58th largest positions across its combined funds.

"Innovation was one of the biggest victims of the massive interest rate increase we saw last year," Wood added."We felt it every time Chairman Powell spoke."

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