Cathie Wood-Led Ark Invest Dumps $4.3M Worth Of Nvidia Shares Amid Rebound — Swoops Into Buy Stock Of This Netflix Rival

On June 25, 2024, Cathie Wood’s Ark Invest made significant trades in NVIDIA Corp (NASDAQ:NVDA) and Roku Inc (NASDAQ:ROKU) amidst market volatility. The firm’s ARK Autonomous Technology & Robotics ETF sold 33,834 NVIDIA shares valued at $4.3 million, while ARK Innovation ETF and ARK Next Generation Internet ETF bought 96,465 Roku shares worth $5.3 million. Despite concerns about NVIDIA’s market cap loss, the company rebounded by over 6% on Tuesday. Roku, amidst a bull-bear debate, unveiled Roku Exchange, a new advertising technology solution. Other key trades included ARKG selling Ginkgo Bioworks Holdings Inc shares and buying shares in Arcturus Therapeutics Holdings Inc and 10X Genomics Inc. ARKK sold shares in Zoom Video Communications Inc and bought shares in PagerDuty Inc, while ARKQ bought shares in Blade Air Mobility Inc and Markforged Holding Corp.