Cathie Wood's ARK Invest purchased 298,243 shares of CoreWeave (CRWV) on Friday, July 31.
The acquisition totaled approximately $22 million across the Innovation (ARKK) and Next Generation Internet (ARKW) ETFs.
ARK simultaneously sold 66,940 shares of Shopify (SHOP) for roughly $8.2 million.
The firm also trimmed its positions in CrowdStrike and Snowflake.
These trades signal a strategic pivot toward companies providing essential infrastructure for artificial intelligence.