Cathie Wood Continues Iridium Shopping Spree — Ark Invest Buys $3.6M Worth Of Satellite Company's Stock
Cathie Wood Continues Iridium Shopping Spree — Ark Invest Buys $3.6M Worth Of Satellite Company's Stock
On Wednesday, August 2, 2023, Cathie Wood-led Ark Invest made several significant trades, the most notable being a substantial purchase of shares in $Iridium Communications (IRDM.US)$.
2023年8月2日星期三 凯茜伍德-领导的Ark Invest进行了几笔重大交易，其中最值得注意的是大量购买了股票 $铱星通讯 (IRDM.US)$。
This move comes in the wake of recent developments around Iridium, including the approval of an additional $400 million share repurchase program by its Board of Directors and the launch of its Iridium Certus aviation commercial service.
此举是在铱星最近的事态发展之后采取的，包括其董事会批准了额外的4亿美元股票回购计划以及推出Iridium Certus航空商业服务。
The Iridium Trade
铱金贸易
Ark Invest, through its $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ fund, purchased 70,040 shares of Iridium — worth $3.6 million at Wednesday's closing price of $50.91.
Ark Invest，通过其 $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ 基金，购买了70,040股股票 铱 — 按周三收盘价50.91美元计算，价值360万美元。
Iridium is a leading provider of global voice and data satellite communications. This move is particularly noteworthy given the recent developments around the company. Iridium's Board of Directors recently approved an additional $400 million share repurchase program, underscoring the strength of Iridium's business. Furthermore, Iridium launched its Iridium Certus aviation commercial service, providing a secure cockpit domain with reliable voice and data capabilities.
铱星是全球语音和数据卫星通信的领先提供商。考虑到公司最近的事态发展，这一举动尤其值得注意。铱星董事会最近批准了一项额外的4亿美元股票回购计划，这凸显了铱星业务的实力。此外，Iridium 推出了其 Iridium Certus 航空商业服务，提供具有可靠语音和数据功能的安全驾驶舱域。
Other Key Trades:
其他关键交易：
Ark Invest, through its $ARK Fintech Innovation ETF (ARKF.US)$ fund, bought 45,169 shares of $AvidXchange (AVDX.US)$, a leading provider of accounts payable automation software and payment solutions for middle-market businesses.
Wood's $ARK Genomic Revolution ETF (ARKG.US)$ bought 28,453 shares of $Accolade (ACCD.US)$.
Ark Invest, through its ARKG fund, sold 28,694 shares of $Iovance Biotherapeutics (IOVA.US)$.
Ark Invest，通过其 $ARK Fintech Innovation ETF (ARKF.US)$ 基金，购买了45,169股股票 $AvidXchange (AVDX.US)$，一家为中间市场企业提供应付账款自动化软件和支付解决方案的领先提供商。
Wood's $ARK生物基因科技革新主动型ETF (ARKG.US)$ 买入了 28,453 股股票 $Accolade (ACCD.US)$。
Ark Invest通过其ARKG基金出售了28,694股股票 $Iovance Biotherapeutics (IOVA.US)$。