By Shivdeep Dhaliwal
Publication Date: 2026-01-21 02:11:00
On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Broadcom Inc. (NASDAQ:AVGO), WeRide Inc. (NASDAQ:WRD), BYD Co. Ltd. (OTC:BYDDY), and Advanced Micro Devices Inc. (NASDAQ:AMD). These trades were executed across various Ark ETFs.
The Broadcom Trade
Ark Invest’s flagship fund, ARK Innovation ETF (BATS:ARKK), acquired 32,408 shares of Broadcom, valued at approximately $10.8 million based on the closing price of $332.60.
This move comes after Broadcom’s shares faced a downturn due to China’s directive against using foreign cybersecurity software, impacting several U.S. firms, including Broadcom-owned VMware.
The WeRide Trade
ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) added 577,099 shares of WeRide, amounting to about $4.9 million at the closing price of $8.48.
WeRide, a Chinese robotaxi company, has been expanding its autonomous fleet, now boasting over 1,000 vehicles and driverless operations in cities like Beijing and Guangzhou. This aligns…
