ARK Invest made significant purchases of SpaceX, Circle, and Cloudflare yesterday, while reducing its holdings in Snowflake and Roblox.
August 8th, Cathie Wood's ARK Invest conducted stock reshuffling for several ETFs yesterday. In particular:
The flagship fund ARKK bought:
Increased stake in Cloudflare (NET) by 114,000 shares;
Increased stake in Circle Internet Group (CRCL) by 314,000 shares;
Increased stake in SpaceX (SPCX) by 115,000 shares;
Increased stake in Coinbase (COIN) by 59,700 shares;
Increased stake in Cerebras Systems (CBRS) by 16,300 shares;
Increased stake in Intellia Therapeutics (NTLA) by 70,200 shares.
At the same time, ARKK reduced its holdings in:
Brera Holdings (SLMT) by 1,822 shares;
Snowflake (SNOW) by 101,500 shares;
Roblox (RBLX) by 1,599,000 shares.