On Monday, Cathie Wood’s Ark Invest made significant trades involving Tesla Inc. (NASDAQ:TSLA), Amazon.com Inc. (NASDAQ:AMZN), Palantir Technologies Inc. (NYSE:PLTR) and Advanced Micro Devices, Inc. (NASDAQ:AMD). These trades were part of a series of strategic moves made by the investment firm.
The Tesla Trade
Ark Invest sold 20,552 Tesla shares across two of its ETFs. The ARK Innovation ETF (NYSE:ARKK) fund sold 13,136 shares, while the ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) fund sold 7,416 shares. The total value of the sold shares, based on the closing price of $338.59, amounts to approximately $7 million. This move comes amidst news that Tesla vehicles may not be eligible for rebates under a new California consumer rebates proposal, causing Tesla shares to close lower on Monday.
The Amazon Trade
Ark Invest’s ARKQ fund bought 19,747 shares of Amazon. The value of this trade, calculated from the closing price of $201.45, …
Full story available on Benzinga.com
On Monday, Cathie Wood’s Ark Invest made significant trades involving Tesla Inc. (NASDAQ:TSLA), Amazon.com Inc. (NASDAQ:AMZN), Palantir Technologies Inc. (NYSE:PLTR) and Advanced Micro Devices, Inc. (NASDAQ:AMD). These trades were part of a series of strategic moves made by the investment firm.
The Tesla Trade
Ark Invest sold 20,552 Tesla shares across two of its ETFs. The ARK Innovation ETF (NYSE:ARKK) fund sold 13,136 shares, while the ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) fund sold 7,416 shares. The total value of the sold shares, based on the closing price of $338.59, amounts to approximately $7 million. This move comes amidst news that Tesla vehicles may not be eligible for rebates under a new California consumer rebates proposal, causing Tesla shares to close lower on Monday.
The Amazon Trade
Ark Invest’s ARKQ fund bought 19,747 shares of Amazon. The value of this trade, calculated from the closing price of $201.45, …
Full story available on Benzinga.com
On Monday, Cathie Wood’s Ark Invest made significant trades involving Tesla Inc. (NASDAQ:TSLA), Amazon.com Inc. (NASDAQ:AMZN), Palantir Technologies Inc. (NYSE:PLTR) and Advanced Micro Devices, Inc. (NASDAQ:AMD). These trades were part of a series of strategic moves made by the investment firm.
The Tesla Trade
Ark Invest sold 20,552 Tesla shares across two of its ETFs. The ARK Innovation ETF (NYSE:ARKK) fund sold 13,136 shares, while the ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) fund sold 7,416 shares. The total value of the sold shares, based on the closing price of $338.59, amounts to approximately $7 million. This move comes amidst news that Tesla vehicles may not be eligible for rebates under a new California consumer rebates proposal, causing Tesla shares to close lower on Monday.
The Amazon Trade
Ark Invest’s ARKQ fund bought 19,747 shares of Amazon. The value of this trade, calculated from the closing price of $201.45, …Full story available on Benzinga.com Read MoreAdvanced Micro Devices, Amazon, Amazon.com Inc, AMD, AMD, AMZN, ARK Invest, ARK Invest ETFs, Ark Trades, ARKK, ARKQ, Cathie Wood, Equities, News, Palantir Technologies, PLTR, Shivdeep Dhaliwal, Tesla, Tesla Inc, TSLA, Markets, ETFs, AMZN, US0231351067, AMD, US0079031078, TSLA, US88160R1014, ARKQ, ARKK, PLTR, News, Equities, Markets, ETFs, Benzinga Markets