Cathie Wood’s ARK ETFs have reported their daily trades for Monday, October 21, 2024, with a notable shuffle in their portfolio. The largest dollar-value trade came from the sale of 378,589 shares of Oklo Inc (NASDAQ:OKLO) through the ARKQ ETF, totaling approximately $6.9 million. This move suggests a significant shift in ARK’s investment strategy regarding Oklo, as the fund has decided to reduce its position in the company.
On the buying side, ARK’s ARKQ ETF acquired 31,271 shares of BWX Technologies Inc (NYSE:), with the transaction valued at nearly $3.95 million. This purchase was closely followed by an addition of 20,883 shares of Amazon.com Inc (NASDAQ:) to the ARKQ ETF, also amounting to approximately $3.95 million. These investments indicate ARK’s continued confidence in the growth potential of both BWX Technologies and Amazon.
The daily trade report also highlighted ARK’s…
