Cathie Wood’s ARK Invest ETFs (exchange-traded funds) reported new trades for Monday, November 24, based on the latest daily disclosures. The activity showed steady buying in CoreWeave (CRWV), gene-editing player CRISPR Therapeutics (CRSP), and crypto-linked names including Bullish (BLSH) and Circle Internet Group (CRCL).
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At the same time, ARK continued to reduce its exposure to GitLab (GTLB), while also trimming stakes in Reddit (RDDT), Iridium Communications (IRDM), and Ibotta (IBTA).
Wood Boosts CoreWeave, CRISPR, and Crypto Exposure
The day’s largest trade was another sizable addition to CoreWeave, with ARK buying 437,345 shares worth about $31.3 million. This continues a multi-session buying streak and shows clear confidence in the AI cloud provider. Just last Friday, ARK picked up 350,734 shares valued at roughly $24.27 million, showing that the buying trend has been consistent rather than a one-off move.
CoreWeave has been under pressure recently, with the stock down roughly 44% over the past month, but ARK has been using the dip as a chance to keep building the position.
ARK also added to CRISPR Therapeutics, buying 42,404 shares worth about $2.1 million as it continues to build exposure in the biotech name.
At the same time, ARK continues to build its crypto exposure. It bought 8,246 shares of Circle Internet worth about $588,000 and 13,402 shares of Bullish valued at roughly $517,000.
ARK Cuts GitLab Again, Along With IBTA, RDDT, and IRDM
On the selling side, ARK again cut its position in software maker GitLab, offloading 646,911 shares valued at about $26.8 million. This marks another day of selling GTLB shares and suggests ARK is gradually reducing its position in the stock. On Friday, Wood sold 670,144 shares of GitLab worth about $28.49 million.
The selling continued across satellite, ad-tech, and consumer tech names, including:
- 179,578 shares of Iridium Communications worth $2.88M
- 62,100 shares of Ibotta worth $1.38M
- small trim in Reddit, with 100 shares sold worth about $18,000
Let’s see how these stocks perform using the TipRanks Stock Comparison Tool:
