Add as a preferred source on GoogleARK Invest Adds 132,498 CoreWeave Shares, Trims Palantir
Two ARK funds sold a combined 18,349 Palantir shares on Oct. 19. The CoreWeave purchase was worth about $8.1 million at the closing price.
ARK Invest bought 132,498 CoreWeave (CRWV) shares and sold 18,349 Palantir Technologies (PLTR) shares across two exchange-traded funds on Oct. 19, repeating a shift it made earlier this month.
The ARK Innovation ETF (ARKK) added 102,280 CoreWeave shares, while the ARK Next Generation Technology ETF (ARKW) added 30,218. Both funds sold Palantir shares.
At the stocks’ Oct. 19 closing prices, the CoreWeave purchase was worth about $8.1 million and the Palantir sale about $3.56 million. Those estimates do not represent the prices at which the funds executed their trades.
The moves followed an Oct. 14 purchase of CoreWeave shares and sale of Palantir shares. In that session, ARK bought 188,665 CoreWeave shares and sold 31,432 Palantir shares.
ARK’s daily trade notifications cover changes to its actively managed funds. The records may omit some transactions and can be updated later.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.