Cathie Wood's Ark Buy More Moderna Shares As It Trims Stake In This Warren Buffett-Backed EV Maker
Portfolio Pulse from Benzinga Neuro
Ark Invest, led by Cathie Wood, sold 64,800 shares of BYD CO LTD through its ARK Autonomous Technology & Robotics ETF (ARKQ) and bought 61,741 shares of Moderna Inc through its ARK Genomic Revolution ETF (ARKG). Other trades included buying shares of Accolade Inc and Cameco Corp, and selling shares of Exact Sciences Corp and Schrodinger Inc.
July 25, 2023 | 3:04 am
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NEGATIVE IMPACT
Ark Invest sold 64,800 shares of BYD CO LTD.
The sale of a significant number of shares by a major investor like Ark Invest could potentially lead to a decrease in BYD's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Ark Invest sold shares of Exact Sciences Corp.
The sale of shares by Ark Invest could potentially lead to a decrease in Exact Sciences' stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Ark Invest sold shares of Schrodinger Inc.
The sale of shares by Ark Invest could potentially lead to a decrease in Schrodinger's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Ark Invest bought shares of Accolade Inc.
The purchase of shares by Ark Invest could potentially lead to an increase in Accolade's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Ark Invest bought shares of Cameco Corp.
The purchase of shares by Ark Invest could potentially lead to an increase in Cameco's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Ark Invest bought 61,741 shares of Moderna Inc.
The purchase of a significant number of shares by a major investor like Ark Invest could potentially lead to an increase in Moderna's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100