Cathie Wood’s ARK Invest Buys Over 1 Million Shares of Twitter

By Chris Lange Published May 18, 10:00AM EDT

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Cathie Wood’s ARK Invest Buys Over 1 Million Shares of Twitter — © Thinkstock

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 1 million shares of Twitter Inc. (NYSE: TWTR) shares altogether on Monday, as the price of these ETFs were down 1% in Monday’s session. These funds are up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK | ARKK Price Prediction) bought 756,912 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 250,977 shares. At Monday’s closing price this would have valued this purchase at roughly $53.0 million. This is only a small fraction of the total holdings. ARKK is up 81% over the past 52 weeks and ARKW is up 82%.

Check out all of ARK Invest’s buys for Friday:

Fund	Ticker	Company	Shares
ARKF	SQ	SQUARE INC	30,900
ARKF	TWLO	TWILIO INC	45,710
ARKF	STNE	STONECO LTD	108,900
ARKF	COIN	COINBASE GLOBAL INC	49,792
ARKG	SGFY	SIGNIFY HEALTH INC	80,316
ARKG	RXRX	RECURSION PHARMACEUTICALS INC	191,904
ARKG	ONEM	1LIFE HEALTHCARE INC	30,693
ARKG	MASS	908 DEVICES INC	161,405
ARKG	IONS	IONIS PHARMACEUTICALS INC	36,648
ARKG	CSTL	CASTLE BIOSCIENCES INC	10,904
ARKG	CMIIU	CM LIFE SCIENCES II INC	1,473
ARKG	CDXS	CODEXIS INC	21,617
ARKG	ACCD	ACCOLADE INC	207
ARKK	ZM	ZOOM VIDEO COMMUNICATIONS INC	1,600
ARKK	TWTR	TWITTER INC	756,912
ARKK	TSP	TUSIMPLE HOLDINGS INC	34,895
ARKK	PLTR	PALANTIR TECHNOLOGIES INC	737,283
ARKK	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	184,189
ARKK	CRSP	CRISPR THERAPEUTICS AG	33,763
ARKK	COIN	COINBASE GLOBAL INC	163,830
ARKQ	PATH	UIPATH INC	73,874
ARKQ	NIU	NIU TECHNOLOGIES	31,719
ARKQ	ACIC	ATLAS CREST INVESTMENT CORP	13,433
ARKW	TWTR	TWITTER INC	250,977
ARKW	COIN	COINBASE GLOBAL INC	46,275
ARKW	DKNG	DRAFTKINGS INC	146,969
ARKW	TWLO	TWILIO INC	42,304
ARKX	BLDE	BLADE AIR MOBILITY INC	22,044

[nativounit]

Catherine Wood, the CEO and CIO of ARK Investment Management LLC is a minority and non-voting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

[recirclink id=882366][wallst_email_signup]

About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.