Cathie Wood's firm ARK Invest sold roughly $163 million worth of stock on Monday. Major sales last week funded purchases of SpaceX stock.

Cathie Wood's firm ARK Invest staked a large position in Elon Musk's SpaceX on Friday. The firm already has a huge chunk of Tesla stock.

Cathie Wood’s ARK Invest ETFs (exchange-traded funds) added a new top holding on Friday, June 12. The firm bought more than $444 milli...