Cathie Wood's ARK ETFs have made their daily trades public for Friday, 14 June 2024, with a series of buys and sells across various sectors. The most significant move of the day came with the sale of 134,219 shares of Exact Sciences Corp (NASDAQ:EXAS), valued at approximately $5.74 million, through its ARKG ETF. This trade marks a continuation of ARK's selling trend in EXAS, following a series of sales earlier in the week.
On the purchasing side, ARK showed a strong interest in Roblox Corp (NYSE:RBLX), buying 19,238 shares worth around $683,333. This transaction adds to the consistent buying pattern observed in the previous days, suggesting ARK's growing confidence in the online gaming platform.
Another notable trade was the acquisition of 137,174 shares of Veracyte Inc (NASDAQ:VCYT), spread across ARKK and ARKG ETFs, with a dollar value of nearly $2.99 million. The investment in VCYT has been part of a larger accumulation strategy, as evidenced by purchases earlier in the week.
In addition to these trades, ARK actively engaged in smaller transactions. The firm bought 43,569 shares of Markforged Holding Corp (NYSE:MKFG) and 3,340 shares of PagerDuty Inc (NYSE:NYSE:PD), totaling $19,789 and $70,073 respectively. These buys reflect a continued interest in these companies, aligning with ARK's investment strategy focused on innovative technologies.
ARK also increased its position in Rocket Lab USA Inc (NASDAQ:RKLB) and Tempus AI Inc (private company), buying 19,966 and 149,337 shares respectively. Meanwhile, the fund reduced its holdings in Teladoc Health Inc (NYSE:NYSE:TDOC), Verve Therapeutics Inc (NASDAQ:VERV), and Zoom Video Communications Inc (NASDAQ:ZM), with the sales amounting to $182,741, $20,764, and $293,292 respectively.
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