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Cathie Wood Adjusts ARK Invest Portfolio: Trims Roku and Roblox, Boosts Arcturus
Cathie Wood Adjusts ARK Invest Portfolio: Trims Roku and Roblox, Boosts Arcturus
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BTCCSquare news:
Cathie Wood's ARK Invest executed three portfolio adjustments on September 25, continuing a trend of reducing exposure to Roku and Roblox while increasing its stake in Arcturus Therapeutics. The ARK Genomic Revolution ETF added 28,272 shares of Arcturus, valued at $542,661, signaling confidence in the biotech firm's growth potential.
The largest trade involved selling 21,592 Roku shares worth $2.12 million through the ARK Innovation ETF, consistent with Wood's strategy of capitalizing on Roku's 32% year-to-date rally. Roblox shares were also trimmed, with 10,667 sold for $1.42 million. These moves reflect a cautious approach amid recent tech sector volatility.
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