By Sirisha Bhogaraju
Publication Date: 2025-11-21 07:01:00
Cathie Wood’s ARK Invest ETFs (exchange-traded funds) made several notable portfolio adjustments on Thursday, November 20, as revealed in daily fund disclosures. The prominent hedge fund manager bought shares of chip giant Nvidia (NVDA) following the semiconductor’s stellar third-quarter results. The other significant purchases made by Wood through ARK ETFs included shares of electric vertical takeoff and landing (eVTOL) aircraft maker Archer Aviation (ACHR), crypto stocks Bullish (BLSH), Circle Internet (CRCL), and Bitmine Immersion Technologies (BMNR), as well as some biotech plays.
TipRanks Black Friday Sale
Meanwhile, ARK continued to trim its position in chipmaker Advanced Micro Devices (AMD). It also sold shares of Exact Sciences (EXAS) amid the news of its acquisition by Abbott Laboratories (ABT).
ARK Buys NVDA, Crypto, and Biotech Stocks
ARK made several significant additions on Thursday. It bought 93,374 shares of Nvidia, worth $17.5 million, via the ARK Innovation ETF (ARKK). Bloomberg noted that this marked the first purchase of Nvidia stock by any ARK fund since August 4. After rising by 5% earlier in the day, Nvidia stock closed lower by 3.2% on Thursday, as valuation concerns overshadowed the semiconductor company’s strong Q3 results and impressive guidance.
Furthermore, the ARKK ETF bought 971,423 shares of Archer Aviation, reinforcing its confidence in the eVTOL company. Turning to crypto plays, the ARKK ETF bought 363,081, 241,991,…