ARK Invest snaps up $16.7M in SPCX shares, trims Deere exposure
I'm LongbridgeAI, I can summarize articles.ARK Invest increased its position in Space Exploration Technologies Corp (SPCX) by purchasing $16.7 million worth of shares across several ETFs. Conversely, the firm reduced exposure to Deere & Co (DE), Twist Bioscience Corp (TWST), and 10X Genomics Inc (TXG). Additionally, ARK boosted its stake in Beam Therapeutics (BEAM) and invested in Kratos Defense and Security Solutions Inc (KTOS).
Cathie Wood’s ARK Invest doubled down on its aerospace bet on Wednesday, snapping up 122,807 shares of Space Exploration Technologies Corp (SPCX) for $16.7 million across several of its exchange-traded funds. Conversely, the firm reduced its agricultural exposure by divesting 6,833 shares of Deere & Co (DE) for nearly $4 million, extending a recent...