Cathie Wood's ARK sells AMD stock, buys SpaceX shares By Investing.com
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Cathie Wood's ARK sells AMD stock, buys SpaceX shares By Investing.com

Investing.com5d ago

Cathie Wood's ARK ETF published their daily trades for Friday, July 17th, 2026, revealing a significant shift in their investment portfolio. The most notable transaction was the purchase of 147,805 shares of Space Exploration Technologies Corp (SPCX) across several of its ETFs, with a total dollar value of $19,378,713. This marks a continued interest in SpaceX, following substantial investments in the company over the past week.

On the selling side, ARK offloaded 23,573 shares of Advanced Micro Devices Inc (NASDAQ:AMD), totaling $11,808,658. This sale was distributed across four of ARK's ETFs, indicating a strategic decision to reduce exposure to AMD.

Another major transaction included the purchase of 115,827 shares of CoreWeave Inc (CRWV) for $8,444,946, suggesting ARK's growing confidence in this company. In contrast, ARK sold 79,220 shares of Robinhood Markets Inc (NASDAQ:HOOD) for $8,398,904, continuing a trend of decreasing its position in the stock over recent days.

ARK also made a significant investment in Kratos Defense and Security Solutions Inc (NASDAQ:KTOS), purchasing 115,812 shares valued at $5,438,531. The ETF's interest in defense and technology stocks is evident with these acquisitions.

Additionally, ARK purchased 37,077 shares of AeroVironment Inc (NASDAQ:AVAV) for $5,535,225, while selling 144,634 shares of Iridium Communications Inc (NASDAQ:IRDM) for $6,741,390, indicating a shift within the communications and aerospace sectors.

Other notable transactions included the sale of 5,781 shares of Deere & Co (NYSE:DE) for $3,462,645 and the purchase of 7,975 shares of Intuitive Surgical Inc (NASDAQ:ISRG) for $3,208,581, reflecting ARK's ongoing adjustments in its industrial and healthcare portfolios.

Smaller trades involved the purchase of 32,861 shares of WeRide Inc (WRD) for $202,095 and the sale of 11,1013 shares of 10X Genomics Inc (NASDAQ:TXG) for $4,937,858, showcasing ARK's diverse investment strategy.

Overall, today's trades highlight Cathie Wood's ARK ETF's strategic repositioning across various sectors, with a notable emphasis on technology and aerospace investments.

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Originally published by Investing.com

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