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Cathie Wood's Flurry Of Trades: Offloads $31.5M in Tesla, Buys Amazon, AMD And Meta — Dumps Palantir, Trims Robinhood And Square Amid Bitcoin Rally

Benzinga ·  Oct 29 11:22

On Monday, Cathie Wood'sArk Investmade significant trades inAmazon.com Inc(NASDAQ:AMZN),Robinhood Markets Inc(NASDAQ:HOOD),Block Inc(NYSE:SQ),Advanced Micro Devices, Inc. (NASDAQ:AMD),Meta Platforms Inc.(NASDAQ:META),Tesla Inc(NASDAQ:TSLA) andPalantir Technologies Inc(NYSE:PLTR). These trades were part of a series of transactions carried out by Ark Invest's various ETFs.

The Amazon Trade

Ark Invest's ARK Innovation ETF (NYSE; ARKK) andARK Next Generation Internet ETF(NYSE:ARKW) purchased a substantial 141,504 shares of Amazon.com Inc. This transaction was valued at $26.65 million based on Amazon's...

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