On Friday, Feb. 28, 2025, Cathie Wood’s Ark Invest made some notable trades. The most prominent among these were the purchases of Archer Aviation Inc (NYSE:ACHR), Recursion Pharmaceuticals Inc (NASDAQ:RXRX), Tempus AI Inc (NASDAQ:TEM), and Iridium Communications Inc (NASDAQ:IRDM).
On the other hand, Ark Invest decided to offload shares of Twist Bioscience Corp (NASDAQ:TWST), Adyen NV (OTC:ADYEY), Accolade Inc (NASDAQ:ACCD), and Exact Sciences Corp (NCM: EXAS).
The ACHR Trade
Ark Invest purchased a significant number of shares in Archer Aviation Inc across three of its ETFs. The ARK Innovation ETF (NYSE:ARKK) bought 360,583 shares, the ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) acquired 54,699 shares, and …