Ark Invest Increases Positions in Nvidia, AMD, and SpaceX While Trimming Broadcom
Ark Invest executed significant trading activity across its actively managed ETFs last week, totaling $346.2 million in gross purchases against $305.8 million in gross sales. A notable highlight of the firm's strategy was a $96 million investment into SpaceX, alongside increased exposure to semiconductor leaders Nvidia and AMD. While expanding its footprint in space technology and high-performance computing, the firm simultaneously reduced its holdings in Broadcom. This reallocation reflects a tactical shift within Ark's portfolio as it balances heavyweights in the semiconductor sector with emerging interests in biotechnology and aerospace.
Topics: ETF trades institutional ownership portfolio rebalancing
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