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Benzinga
Benzinga
Business
Rounak Jain

Cathie Wood's Ark Invest Continues To Bet On Tesla, Offloads Kratos Defense And Coinbase

Ark Invest Cathie Wood

On Friday, Cathie Wood-led Ark Invest made a series of significant trades, with Tesla Inc. (NASDAQ:TSLA), Roku Inc. (NASDAQ:ROKU), Archer Aviation Inc. (NASDAQ:ACHR), Aurora Innovation Inc. (NASDAQ:AUR), Kratos Defense & Security Solutions Inc. (NASDAQ:KTOS), Coinbase Global Inc. (NASDAQ:COIN) and BWX Technologies Inc. (NYSE:BWXT)

The TSLA Trade: Ark Invest continued its bullish stance on Tesla, purchasing 59,705 shares through its ARK Innovation ETF (BATS:ARKK) and ARK Next Generation Internet ETF (BATS:ARKW).

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