ARK ETFs Sell $25.6M in Chipmaker Shares, Add Joby Aviation and Archer Aviation
Photo: TokenPost
ARK Invest’s actively managed ETFs sold $25.6 million in shares of Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing Co. (TSM) on Oct. 27, while buying across aviation, defense and biotechnology companies. The funds sold 28,966 AMD shares for $15,389,056 and 24,171 TSM shares for $10,257,447. Their purchases included 884,681 shares of Joby Aviation (JOBY) for $4,149,153 and 524,515 shares of Archer Aviation (ACHR) for $2,066,589. The funds also bought 77,210 shares of AeroVironment (AVAV) for $9,685,994 and 91,527 shares of Beam Therapeutics (BEAM) for $2,177,427. The trades span chipmakers, electric aviation, defense and biotechnology.
Source: TokenPost
