Cathie Wood’s ARK sells 3D Systems, buys Nextdoor stock

In the dynamic world of exchange-traded funds (ETFs), Cathie Wood’s ARK Invest remains a closely watched player. On Thursday, 15 May 2025, the investment firm made a series of trades across its ETF portfolios that have caught the attention of market observers.

At the forefront of ARK’s daily transactions was the substantial sale of 3D Systems Corp (NYSE:DDD) stock. ARK’s ARKQ and ARKX (NYSE:ARKX) ETFs offloaded a combined 741,036 shares of the 3D printing company, amounting to a total dollar value of approximately $1.3 million. This move comes as the most significant sale by dollar value in the day’s trading activity.

On the buying side, ARK’s ARKW ETF acquired 272,686 shares of Nextdoor Holdings Inc (NYSE:KIND), the neighborhood-focused social networking service, injecting nearly $400,000 into the company. This purchase aligns with ARK’s trend of increasing its stake in Nextdoor, as observed from previous trading days.

Another notable trade was ARK’s investment in Blade Air Mobility Inc (NASDAQ:BLDE) through its ARKX ETF, purchasing 16,302 shares valued at over $56,000. Blade focuses on urban air mobility and has been a recurring name in ARK’s recent investment activities.

Conversely, ARK trimmed its position in UiPath Inc (NYSE:PATH) and Block Inc (NYSE:XYZ), selling 6,024 and 9,078 shares, respectively. The sales generated approximately $79,577 from UiPath and over $531,000 from Block, a financial technology company previously known as Square.

These trades reflect ARK’s ongoing strategy to adjust its portfolios in response to market conditions and the firm’s future outlook on various industries. Investors and analysts alike will undoubtedly be keeping a keen eye on how these adjustments play out in the performance of ARK’s ETFs in the ever-evolving investment landscape.

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