Ark Invest, the investment firm led by Cathie Wood, bought about $16.6 million worth of SpaceX stock on Wednesday and at the same time sold about $3.9 million worth of Robinhood shares, according to a July 16 update carried by BlockBeats. The item was published as a short 7x24 news flash. The report did not provide additional details on the specific fund vehicles involved or the number of shares traded. The disclosed moves show Ark increasing its exposure to SpaceX while trimming its Robinhood position in the same trading session.
Ark Invest, led by Cathie Wood, bought about $16.6 million worth of SpaceX stock on Wednesday and sold about $3.9 million worth of Robinhood shares, according to a July 16 news flash from BlockBeats.
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