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Cathie Wood’s ARK ETFs buy AMD and CRISPR, sell Palantir stock

Published 08/05/2025, 01:04
© REUTERS
AMD
2.18%
CRSP
-7.42%
PLTR
-1.04%

Cathie Wood’s ARK ETFs have published their daily trades for Wednesday, May 7th, 2025, revealing a series of significant transactions in the tech and biotech sectors. The largest dollar-value trade of the day came from the sale of Palantir Technologies Inc (NYSE:NASDAQ:PLTR), with ARK divesting a total of 351,340 shares across its various funds, amounting to a substantial $38,246,872.

On the buying side, ARK showed a strong interest in NVIDIA Corp (NASDAQ:NVDA), purchasing a total of 107,661 shares valued at $12,223,829. This move suggests a growing confidence in the semiconductor industry, as ARK also increased its stake in Advanced Micro Devices Inc (NASDAQ:AMD) with a total of 114,581 shares bought, totaling $11,299,978. The investment in AMD marks a continuation of ARK’s recent accumulation of the stock, indicating a strategic position in the chipmaker.

Another significant investment was made in CRISPR Therapeutics AG (NASDAQ:CRSP), with ARK buying 328,825 shares for a total of $10,903,836. This trade underscores ARK’s ongoing interest in the gene-editing company, as seen by previous trades.

Additional trades included a purchase of 46,400 shares of GitLab Inc (NASDAQ:GTLB) for $2,157,136 and 7,891 shares of Natera Inc (NASDAQ:NTRA) for $1,227,050, reflecting ARK’s keen eye on the tech sector’s growth potential. Moreover, ARK added 75,020 shares of Tempus AI Inc (NYSE:TEM) to its holdings, with a dollar value of $3,915,293.

Smaller-scale trades involved Pacific Biosciences of California Inc (NASDAQ:PACB) and 10X Genomics Inc (NASDAQ:TXG), with ARK purchasing 194,298 and 18,177 shares respectively, totaling $213,727 and $147,233.

The day’s sell trades were not limited to Palantir, as ARK also reduced its position in Arcturus Therapeutics Holdings Inc (NASDAQ:ARCT) by selling 95,502 shares worth $1,073,442.

ARK’s trading activity demonstrates a strategic balancing act between sectors, with a clear focus on innovative companies poised for growth. Investors interested in ARK’s movements should note these patterns as they may signal the funds’ long-term investment strategies.

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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