A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 725,000 shares of Twitter Inc. (NYSE: TWTR) shares altogether on Monday, as the prices of these ETFs were up around 3% in Monday’s session. These funds are up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 727,315 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 4,460 shares. At Monday’s closing price this would have valued this purchase at roughly $41.8 million. This is only a small fraction of the total holdings. ARKK is up 76% over the past 52 weeks and ARKW is up 84%.
Check out all of ARK Invest’s buys for Friday:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKF | Buy | DKNG | DRAFTKINGS INC | 130,400 |
| ARKF | Buy | KSPILI | KASPI.KZ JSC | 4,335 |
| ARKG | Buy | SURF | SURFACE ONCOLOGY INC | 64,459 |
| ARKG | Buy | SGFY | SIGNIFY HEALTH INC | 24,793 |
| ARKG | Buy | RPTX | REPARE THERAPEUTICS INC | 14,705 |
| ARKG | Buy | MASS | 908 DEVICES INC | 12,436 |
| ARKG | Buy | BLI | BERKELEY LIGHTS INC | 15,000 |
| ARKG | Buy | DRNA | DICERNA PHARMACEUTICALS INC | 70,635 |
| ARKG | Buy | CMIIU | CM LIFE SCIENCES II INC | 10,159 |
| ARKG | Buy | CDXS | CODEXIS INC | 51,195 |
| ARKK | Buy | CRSP | CRISPR THERAPEUTICS AG | 34,227 |
| ARKK | Buy | TWTR | TWITTER INC | 727,315 |
| ARKQ | Buy | IRDM | IRIDIUM COMMUNICATIONS INC | 48,400 |
| ARKQ | Buy | ACIC | ATLAS CREST INVESTMENT CORP | 279,732 |
| ARKW | Buy | TWTR | TWITTER INC | 4,460 |
| ARKW | Buy | GBTC | GRAYSCALE BITCOIN TRUST BTC | 516,001 |
| ARKW | Buy | VUZI | VUZIX CORP | 2,634 |
| ARKX | Buy | U | UNITY SOFTWARE INC | 10,672 |
| ARKX | Buy | BLDE | BLADE AIR MOBILITY INC | 118,075 |
| ARKX | Buy | NFLX | NETFLIX INC | 2,453 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
