Cathie Wood’s ARK ETF released its daily trades for Monday, March 24th, 2025, showcasing several strategic moves. The fund increased its positions in key technology and biotech companies while reducing holdings in others.
The most significant purchase was in Baidu Inc. (NASDAQ: BIDU). ARK acquired 129,451 shares across its ARKQ and ARKW ETFs, totaling $12.24 million. This investment highlights ARK’s confidence in the Chinese tech company, known for its AI and internet services.
ARK also added to its position in Beam Therapeutics Inc. (NASDAQ: BEAM), buying 143,163 shares worth $3.34 million. This move reinforces ARK’s interest in the growing field of precision genetic medicine, with BEAM being a recurring focus.
Another notable purchase was in Iridium Communications Inc. (NASDAQ: IRDM). ARK bought 140,602 shares across ARKK, ARKQ, and ARKX ETFs, totaling $3.89 million. The investment reflects ARK’s growing focus on satellite communication technologies.
On the sell side, ARK reduced its holdings in Roblox Corp. (NYSE: RBLX), selling 78,406 shares from its ARKW ETF for $4.80 million. This sale marks a shift in ARK’s position in the online gaming platform, which had been a part of its portfolio for some time.
ARK also sold shares in Ansys Inc. (NASDAQ: ANSS), a leader in simulation software, offloading 15,281 shares from ARKQ and ARKX ETFs, valued at $4.95 million. The move suggests a possible shift away from the engineering software provider.
UiPath Inc. (NYSE: PATH) also saw a reduction in holdings, with ARK selling 243,086 shares across ARKK and ARKQ ETFs, worth $2.63 million. This is part of a broader trend of ARK trimming its position in the robotic process automation company.
Other smaller trades included purchases of Intuitive Machines Inc. (NASDAQ: LUNR), Pacific Biosciences of California Inc. (NASDAQ: PACB), and Recursion Pharmaceuticals Inc. (NASDAQ: RXRX), as well as sales of Roku Inc. (NASDAQ: ROKU) and Repare Therapeutics Inc. (NASDAQ: RPTX).
ARK’s ongoing strategy involves investing in innovative companies with disruptive potential while adjusting its portfolio based on market trends and company performance.
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