Trump announces trade deal with EU following months of negotiations
Cathie Wood’s ARK ETF published their daily trades for Thursday, February 27, 2025, reflecting a series of strategic moves in the tech and industrial sectors. Leading the day’s transactions, ARK’s ARKW ETF significantly increased its stake in Salesforce Inc (NYSE:CRM) with the purchase of 15,345 shares, amounting to a substantial investment of approximately $4.72 million.
Following closely, ARK’s flagship ARKK ETF acquired 7,654 shares of the agricultural machinery company Deere & Co (NYSE:DE), with a total dollar value of around $3.66 million. This purchase suggests a growing confidence in the industrial sector, as it comes on the heels of a similar buy earlier in the week.
ARKK also bolstered its position in Iridium Communications Inc (NASDAQ:IRDM) by adding 87,903 shares, valued at approximately $2.81 million. This move continues a recent trend, as ARK has been steadily accumulating shares in the satellite communications firm throughout the week.
On the sell side, ARKW ETF parted ways with 6,629 shares of Spotify Technology SA (NYSE:SPOT), a transaction worth nearly $4 million. This sale marks a notable divestment in the digital music service, which has been a part of ARK’s portfolio mix.
In a smaller transaction, ARKG ETF sold 2,500 shares of Accolade Inc (NASDAQ:ACCD), totaling about $17,400. This continues a selling trend for the healthcare technology company, as ARK has been reducing its holdings in Accolade over the past few days.
Investors following ARK’s daily trades will note these shifts as part of Wood’s broader investment strategy, which often involves high conviction bets on disruptive innovation and technology. As ARK ETFs adjust their holdings, market watchers will be keen to see how these trades play out in the evolving investment landscape of 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.