Cathie Wood’s ARK Invest sold 592,227 shares of Roblox Corp on Monday, August 17, 2026. The transaction was valued at approximately $22.64 million. This divestment was the largest trade of the day for ARK ETFs.
ARK purchased over 101,000 shares of Nvidia Corp on the same day. The Nvidia investment was valued at approximately $22.8 million. The firm also reduced its positions in Shopify and Advanced Micro Devices.
Roblox recently launched a new game titled Monster Battles. The company also faces a pending securities lawsuit.