On Thursday, January 23, 2025, Cathie Wood‘s investment firm Ark Invest made significant portfolio adjustments, including a notable sale of Elbit Systems Ltd shares and an increased stake in Absci Corp.
The Elbit Systems Trade saw Ark Invest divesting a total of 650 shares of Elbit Systems Ltd across its ARKQ and ARKX ETFs. The shares were sold at a closing price of $300.32, resulting in a total transaction value of approximately $195,000.
The Absci Corp Trade involved Ark Invest purchasing 20,310 shares of Absci Corp through its ARKG ETF. The shares were acquired at a closing price of $4.17, amounting to a total investment of about $85,000.
Other Key Trades:
- Sold 35,357 shares of Accolade Inc, valued at approximately $244,000, through the ARKG ETF.
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