ARK Invest increased its holdings in Deere, highlighting institutional interest in its push into precision agriculture and autonomous technologies. This comes despite the company reporting a 14.5% annual sales decline over the past two years and pressure on returns on capital. The stock closed at $499.52, up 1.79% for the day. The company is also a leader in the Italian tractor market and is named as a key player in the growing global precision forestry market.