Cathie Wood– led Ark Invest made substantial sell 5 significant business on Friday: Recursion Pharmaceuticals Inc. RXRX, Illumina Inc. ILMN, Intellia Rehabs Inc. NTLA, Cloudflare Inc. WEB, and Adaptive Biotechnologies Corp. ADPT
The RXRX Trade
Ark Invest’s ARK Development ETF ARKK bought a significant 264,596 shares of Recursion Pharmaceuticals.
The worth of this trade, computed from the closing rate of $6.88, is around $1.82 million. This relocation comes regardless of RXRX’s stock closing at a 5.23% decline on Friday.
The ILMN Trade
Ark Invest’s Genomic Transformation ETF ARKG and ARK Development ETF both purchased shares of Illumina Inc.
ARKG got 4038 shares, while ARKK bought 11425 shares. The combined worth of these trades, computed from the closing rate of $136.69, is around $1.97 million.
This relocation was made regardless of Illumina’s stock closing at a 2.14% decline on Friday.
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The NTLA Trade
Ark Invest’s Genomic Transformation ETF and ARK Development ETF both purchased shares of Intellia Rehabs.
ARKG got 41503 shares, while ARKK bought 124799 shares.
The combined worth of these trades, computed from the closing rate of $10.2, is around $1.46 million. This relocation was made regardless of NTLA’s stock closing at a 15.14% decline on Friday.
Intellia Rehabs revealed a 27% labor force decrease on Friday to cut expenses.
The Internet Trade
Ark Invest’s Next Generation Web ETF (ARKW) offered 7840 shares of Cloudflare.
The worth of this trade, computed from the closing rate of $112.62, is around $882,608. This relocation was made regardless of internet’s stock closing at a 2.66% decline on Friday.
The ADPT Trade
Ark Invest’s Genomic Transformation ETF offered 130,790 shares of Adaptive Biotechnologies.
The worth of this trade, computed from the closing rate of $6.5, is around $850,135. This relocation was made regardless of ADPT’s stock closing at a 2.84% decline on Friday.
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Picture courtesy: Ark Invest
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