Cathie Wooden’s ARK ETF reported every day buying and selling for Friday, July 26, 2024, which included shopping for and promoting exercise, reflecting the fund’s ongoing technique adjustments. An important transaction of the day concerned a sale of CAREDX INC (NASDAQ: CDNA ) shares, with ARK’s Genomic Revolution ETF (ARKG) promoting 41,391 shares value a complete of $781,048.
Since then, ARK has continued to cut back its holdings in TELADOC HEALTH INC (NYSE: TDOC), promoting 10,323 shares by its two ETFs ARKK and ARKG, with a complete worth of $95,487. This transfer is according to ARK’s latest pattern of lowering its TDOC place, a pattern that has been noticed over the previous week.
In a smaller transaction, ARK bought 8,611 shares of VELO3D INC (NYSE: VLD ) by its ARKQ and ARKX ETFs for a complete of $24,627. A sale of UIPATH INC (NYSE: PATH ) can also be on the agenda, with 582 shares bought through ARKG at a modest worth of $7,100.
On the purchase facet, ARK’s Genomic Revolution ETF (ARKG) purchased 3,045 shares of TEMPUS AI INC (NYSE: TEM ), an organization centered on synthetic intelligence for healthcare, for $121,860. The acquisition provides to ARK’s important funding in TEMPUS AI the day earlier than and exhibits rising curiosity within the firm’s prospects.
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