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Cathie Wood’s ARK ETFs have made notable moves in the stock market for Thursday, 28 August 2025, with the largest dollar-value trade being the sale of shares in Roku Inc (NASDAQ:ROKU). The investment firm sold a total of 55,624 shares of the streaming device company through its ARKK ETF, amounting to a substantial $5,349,916. This move comes after a series of sales in Roku shares by ARK over the past week, indicating a possible strategic shift away from the company.
In contrast, ARK’s most significant purchase was in Intellia Therapeutics Inc (NASDAQ:NTLA), a biotechnology firm specializing in gene editing. ARK bought 349,930 shares through its ARKK ETF, with a total dollar value of $3,996,200. This acquisition is part of a growing trend, as ARK has been consistently increasing its stake in Intellia over recent days, signaling strong confidence in the company’s future prospects.
Another major sale involved DraftKings Inc (NASDAQ:DKNG), a digital sports entertainment and gaming company. ARK sold a combined 54,679 shares across three of its ETFs—ARKK, ARKW, and ARKF—with a total value of $2,613,656. This follows a pattern of selling DraftKings stock throughout the past week, suggesting ARK may be divesting from the company for strategic portfolio adjustments.
The daily trade report from ARK ETFs is closely watched by investors as it provides insight into the investment strategies of Cathie Wood, a prominent figure in the investment community known for her focus on disruptive innovation. As ARK continues to adjust its holdings, market participants will be keen to understand the rationale behind these trades and how they might influence the broader investment landscape.
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