On Wednesday, January 29, 2025, Cathie Wood‘s Ark Invest made significant investment in 10X Genomics Inc (TXG) and a notable divestment in Roblox Corp (RBLX). These trades highlight Ark’s ongoing efforts to optimize its holdings in line with market conditions.
The 10X Genomics Trade: Ark Invest made a substantial investment in 10X Genomics Inc (TXG) on Wednesday, purchasing a total of 247,089 shares across its ARKG and ARKK ETFs.
The total value of this investment is approximately $3.67 million, with the shares acquired at a closing price of $14.84..
The Roblox Trade
Meanwhile, Ark Invest decided to reduce its position in Roblox Corp (RBLX) by selling 19,003 shares from its ARKK ETF. With Roblox’s shares closing at $70.08, this divestment equates to a total value of around $1.33 million.
Other Key Trades:
- Sold 102,498 shares of Accolade Inc (ACCD) valued at approximately $705,000.
- Sold 61,169 shares of Archer Aviation Inc (ACHR) totaling around $553,000.
- Acquired 7,068 shares of Qualcomm Inc (QCOM) worth about $1.21 million.
- Sold 3,400 shares of Rocket Lab USA Inc (RKLB) valued at roughly $98,000.
- Sold 3,200 shares of Nu Holdings Ltd (NU) totaling around $40,000.