ARK Invest Trims Iridium and CareDx Stakes, Increases Autonomous Driving Bets on July 21

XE7.14%
According to Investing.com, ARK Invest reduced positions in Iridium Communications and CareDx on July 21 through its ARKQ and ARKX ETFs. The fund sold 114,861 Iridium shares (approximately $5.33 million) and 91,904 CareDx shares (approximately $3.53 million). Simultaneously, ARK expanded holdings in autonomous driving and AI-related companies, purchasing 163,163 PonyAI shares (approximately $1.09 million) via ARKQ, along with additional positions in Kodiak AI and WiRide. ARK also added to digital asset infrastructure firm Securitize and next-generation nuclear technology developer X-Energy.
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