On Tuesday, Cathie Wood’s Ark Invest made some significant trades, most notably selling shares of Tesla Inc and buying a substantial amount of Archer Aviation Inc.
The Tesla Trade
ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW) sold 13,896 shares of Tesla, a move that followed a series of transactions carried out by Ark Invest’s various ETFs on Monday, as reported in a Benzinga article. The value of this trade, based on Tesla’s closing price of $259.52 on Tuesday, is approximately $3.6 million.
Ark Invest's moves follow Tesla's impressive third-quarter earnings, which surpassed expectations with improved margins, along with a strong 2025 vehicle delivery forecast that analysts viewed positively.
The Archer Aviation Trade
Archer Aviation, a company at the forefront of the rapidly evolving urban air mobility (UAM) market, saw a significant boost from Ark Invest. ARKK bought a whopping 830,130 shares of Archer Aviation. This investment, calculated from Archer’s closing price of $3.36 on Tuesday, amounts to about $2.79 million.
The purchase comes at a time when Archer Aviation is making strides in the development of electric vertical takeoff and landing (eVTOL) aircraft. The Federal Aviation Administration (FAA) recently issued a final rule establishing a new category of aircraft called “powered lift,” which applies to eVTOL aircraft, marking an important step towards bringing eVTOLS into U.S. airspace.
Other Key Trades:
Ark Invest’s ARK Fintech Innovation ETF (ARKF) sold 16,396 shares of Robinhood Markets Inc (HOOD) worth $459,579. Meanwhile, ARKK and ARKW bought a total of 1,642 shares of Meta Platforms Inc. (META) worth $974,165.
ARK Genomic Revolution ETF (ARKG) bought shares of Illumina Inc (ILMN) and sold shares of CareDx Inc (CDNA). ARK Innovation ETF (ARKK) sold shares of Unity Software Inc (U) and bought shares of Natera Inc (NTRA).
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。