Cathie Wood's Ark Invest Loads Up On Archer Aviation, Nextdoor Holdings
On Friday, Cathie Wood-led Ark Invest made substantial trades, notably in Archer Aviation Inc. (NYSE:ACHR), Kratos Defense and Security Solutions Inc. (NASDAQ:KTOS), and Nextdoor Holdings Inc. (NYSE:KIND).
The ACHR Trade: Ark Invest’s ARK Innovation ETF (BATS:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Space Exploration & Innovation ETF (BATS:ARKX) collectively purchased a total of 3,317,807 shares of Archer Aviation Inc.
Based on the closing price of the day, the value of the trade stands at around $33.14 million.
The KTOS Trade: On the same day, Ark Invest’s ARKQ and ARKX sold a total of 46,941 shares of Kratos Defense and Security Solutions Inc.
The value of this trade, calculated based on the closing price, is approximately $1.96 million.
The KIND Trade: Ark Invest's ARK Next Generation Internet ETF (BATS:ARKW) bought 200,137 shares of Nextdoor Holdings Inc. This trade comes after Ark Invest’s recent acquisition of 300,387 shares of Nextdoor Holdings Inc, indicating a growing interest in the company.
The value of this trade, calculated from the closing price, is around $304 thousand.
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
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted-In: ARK Invest benzinga neuro Cathie Wood Cathie Wood Ark Invest Cathie Wood Ark TradesEquities
