This article first appeared on GuruFocus .
Cathie Wood's ARK Invest boosted stakes in Space Exploration Technologies Corp. ( SPCX , Financials ) and other semiconductor businesses last week , while trimming shares of Broadcom and other technology equities.ARK bought $96 million of SpaceX stock in three exchange-traded funds, according to the firm's trading reports.The business also added $12.8 million in Rocket Lab and $6.5 million in Kratos Defense & Security Solutions .In semiconductors, ARK purchased $45.9 million worth of Nvidia, $20 million worth of Advanced Micro Devices and $17.2 million worth of Cerebras Systems.Other tech acquisitions included $17.1 million in Alphabet, $12.6 million in Shopify and $11.2 million in Palantir Technologies.Biggest selling was Broadcom, with ARK cutting $122.2 million of its position.The business sold $34.6 million of Teradyne and $20.4 million of CoreWeave. Healthcare's purchases included $19.3 million of Natera and $16.7 million of Twist Bioscience.ARK's actively managed ETFs had gross purchases of $346.2 million and gross sells of $305.8 million, resulting in net purchases of about $40.4 million.The trades indicate ARK putting more funds to work in select space and AI businesses while trimming other investments.The next trigger will be ARK's next trading reports, which will reveal if these adjustments to the portfolio persist amid tech market volatility.
