ARK Invest buys SpaceX and sells Robinhood in July 22 transactions

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On July 22, ARK Invest executed key trades, purchasing 121,384 shares of SpaceX for $14.996 million, 940,434 shares of Archer Aviation for $4.965 million, and 42,091 shares of Compass Pathways for $513,000. Smaller purchases included Pony AI and Securitize Corp. The firm sold 97,325 shares of Robinhood for $10.351 million, 40,062 shares of Iridium Communications for $1.893 million, and shares of Brera Holdings and Strata Critical Medical. Traders are monitoring these moves for potential support and resistance levels, as technical analysis for crypto suggests shifts in ARK’s portfolio strategy.

ARK disclosed its trading activity for July 22, purchasing 121,384 shares of SpaceX for approximately $14.996 million, 940,434 shares of Archer Aviation for approximately $4.965 million, and 42,091 shares of Compass Pathways for approximately $513,000, while also making modest purchases of Pony AI and Securitize Corp. It sold 97,325 shares of Robinhood for approximately $10.351 million, 40,062 shares of Iridium Communications for approximately $1.893 million, and divested its positions in Brera Holdings and Strata Critical Medical.

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