Crypto
Ark Invest Buys Big into CoreWeave, Trims Crypto Exposure
Cathie Wood's Ark Invest made significant portfolio moves last week, buying $24.7 million worth of CoreWeave CRWV and increasing exposure to healthcare.
The firm added approximately 239,000 shares of CoreWeave, which is involved in AI and cloud infrastructure.
Ark also purchased Meta Platforms META for around $7.25 million, while selling Tempus AI TEM and Palantir Technologies PLTR for a combined $11.1 million.
In the healthcare sector, Ark bought Ionis Pharmaceuticals IONS for about $8.9 million and Guardant Health GH for $9.3 million.