Cathie Wood's Ark Invest Loads Up On Nvidia-Backed CoreWeave: Offloads Spotify, Roku

Benzinga03-30

On Friday, March 28, 2025, Cathie Wood-led Ark Invest made substantial trades involving several prominent companies, including Robinhood Markets Inc., Roblox Corp., and CoreWeave Inc..

The Robinhood Trade: Ark Invest’s Ark Innovation ETF purchased a substantial 249,423 shares of Robinhood.

Based on the closing price of $41.92 on the day of the trade, the value of this purchase is estimated to be around $10.45 million.

The $Roblox(RBLX )$ Trade: On the same day, Ark Invest’s ARKK and ARK Next Generation Internet ETF sold a combined total of 350,177 shares of Roblox Corp

Given the closing price of $59.07, the value of the sold shares is approximately $20.7 million.

The CoreWeave Trade: Ark Invest’s ARKW ETF also bought a significant 411,875 shares of Nvidia Corp.-backed CoreWeave Inc..

Given the closing price of $59.07, the value of the sold shares is approximately $16.47 million.

Other Key Trades:

Ark Invest’s ARKW ETF sold 224,052 shares of Genius Sports Ltd.
ARKW also sold 50,666 shares of Roku Inc.
ARKW sold 6,625 shares of Spotify Technology SA.
Ark Invest’s ARK Genomic Revolution ETF sold 46,940 shares of Repare Therapeutics Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

11

1

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1159921476?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-30 09:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1159921476","market":"us","top_or_hot":-1,"title":"Cathie Wood's Ark Invest Loads Up On Nvidia-Backed CoreWeave: Offloads Spotify, Roku","media":"Benzinga","content":"<html><head></head><body><p>On Friday, March 28, 2025, Cathie Wood-led Ark Invest made substantial trades involving several prominent companies, including Robinhood Markets Inc., <a href=\"https://laohu8.com/S/RBLX\">Roblox Corp.</a>, and <a href=\"https://laohu8.com/S/CRWV\">CoreWeave Inc.</a>.</p><p>The Robinhood Trade: Ark Invest’s Ark Innovation ETF purchased a substantial 249,423 shares of Robinhood.</p><p>Based on the closing price of $41.92 on the day of the trade, the value of this purchase is estimated to be around $10.45 million.</p><p>The $Roblox(RBLX )$ Trade: On the same day, Ark Invest’s ARKK and ARK Next Generation Internet ETF sold a combined total of 350,177 shares of Roblox Corp </p><p>Given the closing price of $59.07, the value of the sold shares is approximately $20.7 million.</p><p style=\"text-align: start;\"><strong>The CoreWeave Trade:</strong> Ark Invest’s ARKW ETF also bought a significant 411,875 shares of <strong>Nvidia Corp.-backed</strong> <a href=\"https://laohu8.com/S/CRWV\">CoreWeave Inc.</a>.</p><p>Given the closing price of $59.07, the value of the sold shares is approximately $16.47 million.</p><p style=\"text-align: start;\"><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p>Ark Invest’s ARKW ETF sold 224,052 shares of <a href=\"https://laohu8.com/S/GENI\">Genius Sports Ltd</a>.</p></li><li><p>ARKW also sold 50,666 shares of <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>.</p></li><li><p>ARKW sold 6,625 shares of <a href=\"https://laohu8.com/S/SPOT\">Spotify Technology SA</a>.</p></li><li><p>Ark Invest’s ARK Genomic Revolution ETF sold 46,940 shares of <a href=\"https://laohu8.com/S/RPTX\">Repare Therapeutics Inc</a>.</p></li></ul></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Invest Loads Up On Nvidia-Backed CoreWeave: Offloads Spotify, Roku</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Invest Loads Up On Nvidia-Backed CoreWeave: Offloads Spotify, Roku\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-03-30 09:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>On Friday, March 28, 2025, Cathie Wood-led Ark Invest made substantial trades involving several prominent companies, including Robinhood Markets Inc., <a href=\"https://laohu8.com/S/RBLX\">Roblox Corp.</a>, and <a href=\"https://laohu8.com/S/CRWV\">CoreWeave Inc.</a>.</p><p>The Robinhood Trade: Ark Invest’s Ark Innovation ETF purchased a substantial 249,423 shares of Robinhood.</p><p>Based on the closing price of $41.92 on the day of the trade, the value of this purchase is estimated to be around $10.45 million.</p><p>The $Roblox(RBLX )$ Trade: On the same day, Ark Invest’s ARKK and ARK Next Generation Internet ETF sold a combined total of 350,177 shares of Roblox Corp </p><p>Given the closing price of $59.07, the value of the sold shares is approximately $20.7 million.</p><p style=\"text-align: start;\"><strong>The CoreWeave Trade:</strong> Ark Invest’s ARKW ETF also bought a significant 411,875 shares of <strong>Nvidia Corp.-backed</strong> <a href=\"https://laohu8.com/S/CRWV\">CoreWeave Inc.</a>.</p><p>Given the closing price of $59.07, the value of the sold shares is approximately $16.47 million.</p><p style=\"text-align: start;\"><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p>Ark Invest’s ARKW ETF sold 224,052 shares of <a href=\"https://laohu8.com/S/GENI\">Genius Sports Ltd</a>.</p></li><li><p>ARKW also sold 50,666 shares of <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>.</p></li><li><p>ARKW sold 6,625 shares of <a href=\"https://laohu8.com/S/SPOT\">Spotify Technology SA</a>.</p></li><li><p>Ark Invest’s ARK Genomic Revolution ETF sold 46,940 shares of <a href=\"https://laohu8.com/S/RPTX\">Repare Therapeutics Inc</a>.</p></li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ROKU","symbol_name":"Roku Inc","start_time":0,"source_url":"","article_id":"1159921476","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159921476","pubTimestamp":1743297273,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"On Friday, March 28, 2025, Cathie Wood-led Ark Invest made substantial trades involving several prominent companies, including Robinhood Markets Inc., $Roblox Corp.$, and $CoreWeave Inc.$.The Robinhood Trade: Ark Invest’s Ark Innovation ETF purchased a substantial 249,423 shares of Robinhood.Based on the closing price of $41.92 on the day of the trade, the value of this purchase is estimated to be around $10.45 million.The $Roblox$ Trade: On the same day, Ark Invest’s ARKK and ARK Next Generatio","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ROKU":"Roku Inc","SPOT":"Spotify Technology S.A.","RBLX":"Roblox Corporation","CRWV":"CoreWeave, Inc."},"translate_title":"Cathie Wood的Ark Invest加载Nvidia支持的CoreWeave：卸载Spotify和Roku","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRWV":1.1,"RBLX":1.1,"ROKU":1.1,"SPOT":1.1},"content_text":"On Friday, March 28, 2025, Cathie Wood-led Ark Invest made substantial trades involving several prominent companies, including Robinhood Markets Inc., Roblox Corp., and CoreWeave Inc..The Robinhood Trade: Ark Invest’s Ark Innovation ETF purchased a substantial 249,423 shares of Robinhood.Based on the closing price of $41.92 on the day of the trade, the value of this purchase is estimated to be around $10.45 million.The $Roblox(RBLX )$ Trade: On the same day, Ark Invest’s ARKK and ARK Next Generation Internet ETF sold a combined total of 350,177 shares of Roblox Corp Given the closing price of $59.07, the value of the sold shares is approximately $20.7 million.The CoreWeave Trade: Ark Invest’s ARKW ETF also bought a significant 411,875 shares of Nvidia Corp.-backed CoreWeave Inc..Given the closing price of $59.07, the value of the sold shares is approximately $16.47 million.Other Key Trades:Ark Invest’s ARKW ETF sold 224,052 shares of Genius Sports Ltd.ARKW also sold 50,666 shares of Roku Inc.ARKW sold 6,625 shares of Spotify Technology SA.Ark Invest’s ARK Genomic Revolution ETF sold 46,940 shares of Repare Therapeutics Inc.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":11,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1159921476"}