Benzinga·2025-10-02 01:41Core Insights - Ark Invest executed significant trades involving major companies, reflecting strategic positioning in tech and AI sectors [1] Alibaba Trade - Ark Invest's ARK Innovation ETF acquired 30,137 shares of Alibaba, valued at approximately $5.5 million, indicating confidence in Alibaba's growth [2] - The stock closed at $182.78, near its 52-week high of $183.08 [2] - Ark also acquired 23,538 shares of Alibaba on the previous day, valued at $4.1 million [3] Shopify Trade - Ark Invest's Ark Fintech Innovation ETF sold 18,440 shares of Shopify, valued at approximately $2.76 million, amid a surge in stock price due to collaboration with OpenAI [4] - Shopify's shares closed at $149.57 [4] Baidu Trade - Ark Invest's ARKK fund purchased 21,648 shares of Baidu, valued at around $2.97 million, driven by Baidu's expansion of its Apollo Go robotaxi business [5] - Baidu's shares increased by 4.3%, closing at $137.44 [5] - On the previous day, Ark purchased 53,388 shares of Baidu worth $6.9 million [5] Brera Holdings Trade - Ark Invest's ARKK fund sold 100,983 shares of Brera Holdings, amounting to approximately $2.5 million, following a rise in stock price due to a new treasury strategy [6] - The stock closed at $24.72, down by 17.6% [6] - Earlier, Ark sold 231,903 shares of Brera and had acquired 6,500,001 shares worth nearly $162 million [7] Other Key Trades - Ark Invest's funds collectively bought 511,049 shares of Draftkings Inc, valued at nearly $18 million, with the stock closing at $35.16 [8] - The ARKW fund sold 37,148 shares of Roblox Corp and 36,697 shares of Roku Inc [8]