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Cathie Wood's Ark Invest executed notable trades on Wednesday, selling Robinhood shares while increasing positions in SpaceX and Securitize. The firm sold 97,325 shares of Robinhood (HOOD), valued at approximately $10.2 million. Meanwhile, Ark Invest purchased 121,384 shares of SpaceX (SPCX), worth around $14 million, and added about $507,000 worth of Securitize (SECZ) stock. These moves reflect a shift in Ark's portfolio allocation, reducing exposure to the trading platform while boosting stakes in private space exploration and tokenization-focused companies. The trades come amid ongoing market volatility and could signal Ark's strategic focus on long-term growth sectors.
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