This article first appeared on GuruFocus.
ARK Invest made a couple of new additions to its portfolios on Tuesday, picking up fresh stakes in Velo3D, Inc. (NASDAQ:VELO) and Synopsys (NASDAQ:SNPS) as part of its latest round of rebalancing.
According to daily trading disclosures, ARK Invest initiated a position in Velo3D inside its Autonomous Technology & Robotics ETF, ARKQ. The move adds exposure to advanced manufacturing and 3D printing, areas ARK has leaned into repeatedly as it reshapes the fund around automation and next generation production.
At the same time, the firm also opened a new position in Synopsys, increasing its exposure to chip design software. ARK added 6,608 shares of Synopsys on January 20, a stake valued at roughly $3.41 million and accounting for about 4.59% of the Autonomous Technology & Robotics ETF, according to the disclosure.
The additions reflect ARK’s continued focus on the infrastructure behind emerging technologies, pairing physical manufacturing tools with the software that enables more complex semiconductor design. Synopsys sits at the center of that ecosystem as demand for advanced chips continues to rise.