On Friday, Cathie Wood-led Ark Invest made a series of significant trades, with Tesla Inc. (NASDAQ:TSLA), Roku Inc. (NASDAQ:ROKU), Archer Aviation Inc. (NASDAQ:ACHR), Aurora Innovation Inc. (NASDAQ:AUR), Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS), Coinbase Global Inc. (NASDAQ:COIN) and BWX Technologies Inc. (NYSE:BWXT)
The TSLA Trade: Ark Invest continued its bullish stance on Tesla, purchasing 59,705 shares through its ARK Innovation ETF (BATS:ARKK) and ARK Next Generation Internet ETF (BATS:ARKW).
This move comes amid investor panic following Elon Musk’s return to politics. Wood has consistently backed Tesla, calling its Robotaxi venture a “trillion-dollar opportunity”.
The value of the Tesla trade, calculated from the latest closing price, is around $18.72 million.
The AUR trade
Ark Invest bought 425,933 shares of Aurora Innovation through the ARK Autonomous Technology & Robotics ETF (BATS:ARKQ).
The value of the Aurora trade, calculated from the latest closing price, is around $2.23 million.
The ROKU trade
Ark Invest sold 32,446 shares of Roku Inc. The value of the Roku trade, calculated from the latest closing price, is around $3.77 million.
Other Key Trades:
- ARKK sold 168,990 shares of Archer Aviation Inc.
- ARK Space Exploration & Innovation ETF (BATS:ARKX) bought 18,387 shares of BWX Technologies.
- ARKQ and ARKX sold 92,456 shares of Kratos Defense.
- ARKW sold 5,596 shares of Coinbase Global.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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