Bullish indicating open at $55-$60, IPO prices at $37
Cathie Wood’s ARK ETFs have made a series of trades on Friday, June 27, 2025, with a significant sell-off in Coinbase Global Inc (NASDAQ:COIN) and notable purchases including Tesla Inc (NASDAQ:TSLA) and SoFi Technologies Inc (NASDAQ:SOFI). The daily trade report from ARK Invest, known for its focus on disruptive innovation, provides insights into the latest strategic shifts in its portfolio.
The largest transaction of the day was ARK’s divestment of 112,729 shares of Coinbase Global Inc (NASDAQ:COIN), split between its ARKK and ARKF ETFs, with a total dollar value of approximately $42.28 million. This sale continues a trend observed over the past week, indicating a possible strategic move away from the cryptocurrency exchange platform’s stock.
In contrast, ARK has significantly increased its stake in SoFi Technologies Inc (NASDAQ:SOFI), buying a total of 2,322,110 shares across the ARKK and ARKF ETFs, valued at nearly $38.94 million. This purchase aligns with ARK’s trend of accumulating SoFi shares, suggesting strong confidence in the financial services platform’s growth potential.
Another major buy for ARK was Tesla Inc (NASDAQ:TSLA), with the ARKK ETF acquiring 41,992 shares worth approximately $13.68 million. This investment reinforces ARK’s longstanding bullishness on the electric vehicle manufacturer.
ARK also expanded its holdings in Kratos Defense and Security Solutions Inc (NASDAQ:KTOS) by purchasing 25,337 shares through its ARKK ETF, totaling over $1.04 million. This follows a substantial investment in Kratos from the previous day, highlighting ARK’s growing interest in the defense and security sector.
Additional buys included 40,230 shares of Beam Therapeutics Inc (NASDAQ:BEAM) and 46,668 shares of Twist Bioscience Corp (NASDAQ:TWST), with total dollar values of approximately $689,542 and $1.72 million, respectively. These investments continue ARK’s pattern of investing in biotechnology companies with innovative gene-editing technologies.
On the sell side, ARK reduced its position in Roblox Corp (NYSE:RBLX) by offloading 129,061 shares through the ARKK ETF, amounting to a total value of approximately $13.55 million. This follows a similar sell-off of Roblox shares earlier in the week.
The fund also sold 1,749 shares of Elbit Systems Ltd (NASDAQ:ESLT) across its ARKQ and ARKX (NYSE:ARKX) ETFs, with a total value of around $755,095. This marks a continuation of ARK’s gradual divestment from the defense electronics company.
Investors following Cathie Wood’s ARK ETFs will note the ongoing adjustments in the fund’s portfolio, reflecting its dynamic investment strategy focused on capturing long-term growth opportunities in disruptive innovation across various sectors.
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