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Cathie Wood’s ARK ETFs have disclosed their daily trades for Friday, February 7th, 2025, with significant activity across a variety of sectors. ARK’s largest transaction for the day involved purchasing 72,457 shares of e-commerce giant Amazon.com Inc (NASDAQ:AMZN), with a total dollar value of $17,304,905. This trade was distributed across several ARK funds, indicating a broad-based bullish stance on the company.
On the sell side, ARK reduced its stake in automation software company UiPath Inc (NYSE:PATH) by offloading 996,441 shares, which amounted to $14,239,141. This move represents ARK’s most substantial sale for the day and suggests a shift in their investment strategy regarding UiPath.
Another notable sell included 113,777 shares of the financial services platform Robinhood Markets Inc (NASDAQ:HOOD), valued at $6,049,522. This continues a trend from previous days, indicating ARK’s decreasing confidence in the company’s stock.
The trades also featured a mix of buys and sells in the biotechnology sector. ARK invested in Illumina Inc (NASDAQ:ILMN), purchasing 107,459 shares, and in 10X Genomics Inc (NASDAQ:TXG), acquiring 185,249 shares, with a total dollar value of $2,713,897. Conversely, ARK divested from Accolade Inc (NASDAQ:ACCD), selling 401,962 shares for a total of $2,765,498. This continues a selling trend for Accolade Inc observed over the past week.
Additional transactions included selling 18,319 shares of Cloudflare Inc (NYSE:NET) and 70,252 shares of Rocket Lab USA Inc (NASDAQ:RKLB), while buying 85,420 shares of PagerDuty Inc (NYSE:PD), 48,541 shares of Roblox Corp (NYSE:RBLX), and 44,562 shares of Twist Bioscience Corp (NASDAQ:TWST).
Investors following ARK’s trades will note the continued accumulation of shares in companies like Roblox Corp, which has seen consistent buying over recent days, indicating a bullish outlook from ARK on the gaming platform’s future.
As always, investors should consider these trades within the broader context of market conditions, ARK’s investment strategy, and their own research before making any investment decisions.
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