Cathie Wood Invests $2.5M in Bullish Stock (BLSH) and Trims Stake in Streaming Giant Roku (ROKU)

Cathie Wood's ARK Invest ETFs (exchange-traded funds) made several notable portfolio changes on Tuesday, May 19, according to the firm's daily trade disclosures. The ace investor added to crypto and industrial stocks, led by a large purchase of Bullish (BLSH), while continuing to reduce exposure to the streaming platform Roku (ROKU).Claim 55% Off TipRanksARKK has a long & short ETF? Explore TARK & SARK What Did Cathie Wood Buy on May 19? Bullish (BLSH) – ARK's biggest buy of the day was crypto exchange and digital asset company Bullish. The firm purchased 69,712 shares worth about $2.48 million across its ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF (ARKF). The buying came shortly after Bullish announced its $4.2 billion acquisition of Equiniti, a major shareholder services company. Investors are closely watching the company as interest in crypto trading and tokenized assets continues to grow. BLSH stock closed 2% higher at $36.23 on Tuesday. Wall Street analysts currently see about 42% upside potential in the stock based on the average analyst price target. Komatsu Ltd. (KMTUY) – ARK also bought 30,328 shares of Komatsu worth roughly $1.21 million through its ARK Space Exploration & Innovation ETF (ARKX). The Japanese company makes construction and mining equipment and has been expanding its automation and smart machinery business. Here's What Wood Sold Roku (ROKU) – ARK sold around $2.05 million worth of Roku shares across ARKK, ARKW, and ARKF. The move follows another Roku sale from the previous trading session after the streaming stock's strong rally over the past year. Roku recently reported strong quarterly results, helped by growth in users and advertising revenue. Even so, Wood appears to be rotating some money into newer growth areas tied to crypto and automation. Intercontinental Exchange (ICE) – ARK also trimmed its position in Intercontinental Exchange, selling about $789,000 worth of shares through ARKF. ICE operates the New York Stock Exchange and several financial market businesses. Wood's Strategic Portfolio Shuffle Using the TipRanks Stock Comparison Tool, Bullish, Roku, and Intercontinental Exchange currently carry Strong Buy analyst consensus ratings. Among them, Bullish offers the highest upside potential at about 42%, followed by Intercontinental Exchange at nearly 30% and Roku at around 25%, based on average analyst price targets. Meanwhile, Komatsu has gained nearly 25% year-to-date, making it the strongest performer among the four stocks shown above.