Cathie Wood's Ark Invest Shuffles Portfolio: Trades Include Intuitive Machines, Oklo, And More
On Friday, Cathie Wood-led Ark Invest made several significant trades. The most prominent among these involved Intuitive Machines Inc. (NASDAQ:LUNR), Oklo Inc. (NASDAQ:OKLO), L3Harris Technologies Inc. (NYSE:LHX), BWX Technologies Inc. (NASDAQ:BWXT), Block Inc. (NASDAQ:XYZ), Nextdoor Holdings Inc. (NASDAQ:KIND), Cameco Corp. (NYSE:CCJ), and Blade Air Mobility Inc. (NASDAQ:BLDE).
The OKLO Trade: Ark’s Autonomous Technology & Robotics ETF (BATS:ARKQ) sold 97,238 shares of Oklo Inc. This move represents 0.5039% of the ETF.
The BWXT Trade: In a contrasting move, ARKQ purchased 16,369 shares of BWX Technologies Inc., representing 0.2016% of the ETF.
The CCJ Trade: Ark Invest also offloaded 33,110 shares of Cameco Corp. from its ARKQ portfolio. This sale accounts for 0.2002% of the ETF.
The LUNR Trade: ARKQ added 142,270 shares of Intuitive Machines Inc (NASDAQ:LUNR), accounting for 0.1681% of the ETF.
The LHX Trade: Ark Invest’s ARKQ also bought 4,037 shares of L3Harris Technologies Inc., representing 0.1001% of the ETF.
The XYZ Trade: Ark’s Next Generation Internet ETF (NYSE:ARKW) sold 14,810 shares of Block Inc. This move represents 0.0492% of the ETF. This sale comes after Cathie Wood dumped Block shares as Bitcoin hit a fresh all-time high.
The KIND Trade: In a contrasting move, ARKW purchased 105,974 shares of Nextdoor Holdings Inc., representing 0.0089% of the ETF.
The BLDE Trade: Ark’s Space Exploration & Innovation ETF (BATS:ARKX) bought 7,229 shares of Blade Air Mobility Inc., representing 0.0084% of the ETF.
Read Next:
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: ChrisStock82 / Shutterstock.com
Posted-In: ARK Invest benzinga neuro Cathie Wood Cathie Wood Ark InvestEquities News Markets
