On Friday, March 21, 2025, the Cathie Wood– led Ark Invest made some significant trades, consisting of substantial buys and offers.
Ark Invest’s fund purchased Iridium Communications Inc. IRDM, Beam Rehabs Inc. BEAM, Pacific Biosciences of California Inc. PACB and Absci Corp ABSI, while offering Illumina Inc. ILMN, Repare Rehabs Inc. RPTX, Amgen Inc. AMGN, and Veeva Systems Inc. VEEV
The IRDM Trade: Ark Invest’s ARK Development ETF ARKK, ARK Autonomous Innovation & & Robotics ETF ARKQ, and ARK Area Expedition & & Development ETF ARKX funds acquired an overall of 68,355 shares of Iridium Communications Inc.
The overall worth of the shares purchased, based upon the last close rate of $27.65, is around $1.89 million.
The BEAM Trade: Ark Invest’s ARKK and Ark Genomic Transformation ETF ARKG funds purchased an overall of 28,717 shares of Beam Rehabs Inc.
The overall worth of the shares purchased, based upon the last close rate of $23.3, is around $669,106.
The PACB Trade: Ark Invest’s ARKK fund purchased a massive 243,300 shares of Pacific Biosciences of California Inc.
The overall worth of the shares purchased, based upon the last close rate of $1.3, is around $316,290.
Other Secret Trades:
- Illumina Inc: Ark Invest offered an overall of 42,616 shares through ARKK and ARKG.
- Absci Corp: Ark Invest’s purchased 71,392 shares through ARKG.
- Repare Rehabs: Ark Invest offered 54,786 shares through ARKG.
- Amgen Inc: Ark Invest offered 990 shares through ARKG.
- Veeva Systems Inc: Ark Invest offered 1,322 shares through ARKG.
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Disclaimer: This material was partly produced with the aid of AI tools and was examined and released by Benzinga editors.
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