Cathie Wood’s ARK sells UiPath, buys more GitLab and Robinhood stock

Published 02/04/2025, 01:06
Cathie Wood’s ARK sells UiPath, buys more GitLab and Robinhood stock

Cathie Wood’s ARK ETFs disclosed their daily trades for Tuesday, April 1st, 2025, with a mix of significant buys and sells that may interest investors following the innovative fund’s movements.

Topping the sell list, ARK’s ARKW ETF parted with a substantial 142,134 shares of UIPATH INC (NYSE:PATH), resulting in a sale worth approximately $1,463,980. This move continues a recent trend of ARK reducing its holdings in the automation software company, following a series of sales in the past week.

On the buy side, ARK invested in GITLAB INC (NASDAQ:GTLB), purchasing a combined 14,555 shares across its ARKK and ARKW ETFs, valued at around $684,085. This acquisition adds to the significant position ARK established in GitLab last week, indicating a bullish stance on the DevOps platform provider.

Additionally, ARK’s ARKK ETF acquired 7,798 shares of ROBINHOOD MARKETS INC (NASDAQ:HOOD), with a total dollar value of $324,552. This purchase follows a pattern of accumulating Robinhood stock, as seen with the sizable buy on the previous Friday.

In other trades, ARK’s ARKK ETF sold 92,341 shares of PRIME MEDICINE INC (NASDAQ:PRME) for approximately $183,758. The ARKG ETF also reduced its position in REPARE THERAPEUTICS INC (NASDAQ:RPTX) by selling 100,733 shares, which amounted to a total value of $99,322.

These transactions reflect the ongoing strategy adjustments within the ARK ETFs, as they navigate the ever-changing landscape of innovative and disruptive companies. Investors and market watchers will undoubtedly keep a close eye on Cathie Wood’s next moves as her funds continue to make waves in the investment community.

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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