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STOCKS | ARK Funds Buy 3.29 Million Shares of SpaceX and Cut AMD Stake

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2026-06-13 06:39:34
ARK Invest disclosed its trading records for June 12, 2026, showing a notable shift in its positioning. According to Jin10, several ARK exchange-traded funds collectively bought 3,291,184 shares of SpaceX stock, with total transactions valued at $444,309,840, indicating increased interest in the space technology sector.

At the same time, ARK significantly reduced its holdings in Advanced Micro Devices (AMD). Through three ETFs—ARKQ, ARKW, and ARKX—the firm sold a combined 80,536 AMD shares, with transactions totaling $39,337,809, continuing its trend of trimming the position.
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