In the latest trading session, Cathie Wood’s ARK ETFs exhibited a blend of strategic buys and sells, with Roku Inc (NASDAQ:) and Twist Bioscience Corp (NASDAQ:) leading the purchases. On Friday, April 12, 2024, ARK’s flagship funds engaged in several significant transactions, reflecting Wood’s ongoing confidence in the biotech and tech sectors.
ARK’s largest buy for the day was in Roku Inc (NASDAQ:ROKU), where the funds scooped up 66,301 shares across ARKK and ARKW, amounting to a substantial investment of $4,107,347. This move signals ARK’s bullish stance on the streaming platform, which has been a recurring theme in the fund’s recent activity.
Twist Bioscience Corp (NASDAQ:TWST), a synthetic biology company, also saw a major influx of capital from ARK with the purchase of 132,782 shares, valued at $4,339,315. The consistent accumulation of TWST shares underscores ARK’s optimism…
