SignalTech/AI
Cathie Wood's Ark Invest buys $96M of SpaceX, adds to Nvidia and AMD; trims Broadcom
Ark Invest's $96M SpaceX purchase and Nvidia/AMD additions signal notable AI-tech positioning.
Context
What happened: Cathie Wood's Ark Invest bought $96M of SpaceX and added to Nvidia and AMD, while trimming Broadcom across its actively managed ETFs.
Key numbers: $96M of SpaceX purchased. Gross purchases $346.2M and gross sales $305.8M.
Why it matters: The moves show Ark shifting weight toward space and semiconductor names while reducing positions in several technology and healthcare companies.
What changed
Cathie Wood's Ark Invest bought $96M of SpaceX and added to Nvidia and AMD, while trimming Broadcom across its actively managed ETFs.
Why it matters
The moves show Ark shifting weight toward space and semiconductor names while reducing positions in several technology and healthcare companies.