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Cathie Wood's Ark Invest Loads Up On Archer Aviation, Nextdoor Holdings

Benzinga·06/14/2025 02:35:57
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On Friday, Cathie Wood-led Ark Invest made substantial trades, notably in Archer Aviation Inc. (NYSE:ACHR), Kratos Defense and Security Solutions Inc. (NASDAQ:KTOS), and Nextdoor Holdings Inc. (NYSE:KIND).

The ACHR Trade: Ark Invest’s ARK Innovation ETF (BATS:ARKK), ARK Autonomous Technology & Robotics ETF (BATS:ARKQ), and ARK Space Exploration & Innovation ETF (BATS:ARKX) collectively purchased a total of 3,317,807 shares of Archer Aviation Inc.

Based on the closing price of the day, the value of the trade stands at around $33.14 million.

See Also: Billionaire Warren Buffett Said Time Is The Only Thing Money Can’t Buy — ‘I Can Buy Anything I Want…But I Can’t Buy Time’

The KTOS Trade: On the same day, Ark Invest’s ARKQ and ARKX sold a total of 46,941 shares of Kratos Defense and Security Solutions Inc.

The value of this trade, calculated based on the closing price, is approximately $1.96 million.

The KIND Trade: Ark Invest's ARK Next Generation Internet ETF (BATS:ARKW) bought 200,137 shares of Nextdoor Holdings Inc. This trade comes after Ark Invest’s recent acquisition of 300,387 shares of Nextdoor Holdings Inc, indicating a growing interest in the company.

The value of this trade, calculated from the closing price, is around $304 thousand.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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