Cathie Wood’s ARK Invest Buys Over 725,000 Shares of Twitter

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By Chris Lange Published
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Cathie Wood’s ARK Invest Buys Over 725,000 Shares of Twitter

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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 | ARKK Price Prediction) 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

[nativounit]

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.

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Photo of Chris Lange
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.

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