Breaking News: Cathie Wood's ARK ETFs Daily Trades Revealed - Huge Moves in Tech Stocks!
Cathie Wood's ARK ETFs have disclosed their daily trades for Wednesday, September 25th, 2024, showcasing a flurry of activity in the market. ARK made a significant purchase of 61,157 shares of Tempus AI Inc (NASDAQ:TEM) worth $3,132,461, demonstrating a growing interest in the artificial intelligence sector.
On the selling side, ARK reduced its holdings in Palantir Technologies Inc by 62,809 shares and Roblox Corp by 28,093 shares. Additionally, they divested 9,507 shares of Roku Inc from their ARKW ETF. Smaller trades included the sale of Butterfly Network Inc and Materialise NV shares.
In terms of purchases, ARK acquired 30,414 shares of Blade Air Mobility Inc through its ARKX ETF. They also made smaller transactions involving Mynaric AG, Veeva Systems Inc, and Vuzix Corp.
These moves reflect ARK's strategy to capitalize on market trends and long-term growth opportunities in innovative sectors. Investors should closely monitor these trades to stay informed about the firm's evolving portfolio.
In conclusion, Cathie Wood's ARK ETFs continue to make strategic adjustments to their holdings, showcasing a proactive approach to navigating the ever-changing financial landscape. Stay tuned for more updates on their investment moves!