Odaily Planet Daily reports that on Wednesday, Cathie Wood’s Ark Invest sold 97,325 shares of Robinhood (HOOD), valued at approximately $10.2 million; purchased 121,384 shares of SpaceX (SPCX), valued at approximately $14 million; and also bought Securitize (SECZ) shares valued at approximately $507,000.
Ark Invest sells Robinhood stock and buys shares of SpaceX and Securitize.
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Summary
Ark Invest sold 97,325 shares of Robinhood (HOOD) for approximately $10.2 million on Wednesday. The firm reallocated capital to purchase 121,384 shares of SpaceX (SPCX) valued at $14 million and added $507,000 worth of Securitize (SECZ) shares. These moves appear to align with evolving market support and resistance levels, with the risk-to-reward ratio suggesting a strategic rebalancing toward higher-growth assets.
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