Cathie Wood’s ARK buys AMD stock, sells COIN and ESLT

Published 01/07/2025, 01:04
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Cathie Wood’s ARK ETFs have disclosed their daily trades for Monday, June 30th, 2025, with a notable increase in their position in Advanced Micro Devices Inc (NASDAQ:AMD) and continued sales of Coinbase Global Inc (NASDAQ:COIN) and Elbit Systems Ltd (NASDAQ:ESLT).

Topping the list, ARK invested heavily in AMD, purchasing a total of 356,275 shares across three of its funds: ARKK, ARKW, and ARKF. The addition of AMD shares amounted to a substantial $51,235,907, making it the largest dollar-value trade of the day. This move suggests increasing confidence in the semiconductor industry, as ARK has been consistently adding to its AMD holdings, previously acquiring 130,256 shares on June 23rd.

In contrast, ARK has been trimming its exposure to Coinbase Global Inc, selling 124,892 shares across the same trio of ETFs, totaling $44,140,579. This follows a pattern of sales in COIN shares by ARK, with 112,729 shares sold on June 27th and 33,363 shares on June 26th, indicating a potential strategic shift away from the cryptocurrency exchange platform.

Elbit Systems Ltd also saw a reduction in ARK’s portfolios, with a sale of 1,160 shares between ARKQ and ARKX (NYSE:ARKX), valued at $503,799. This follows a series of sales in ESLT, with 1,749 shares sold on June 27th and 1,700 shares on June 26th.

These trades reflect Cathie Wood’s ARK ETFs’ ongoing strategy to navigate the dynamic market landscape, with a focus on innovative and disruptive companies. Investors and market watchers will undoubtedly keep a close eye on ARK’s moves, as they often signal broader trends in technology and innovation-focused investments.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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