One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge purchase on Wednesday. This fund bought over 150,000 shares of Etsy Inc. (NASDAQ: ETSY | ETSY Price Prediction), as the price of this ETF gained around 0.3% on Wednesday. Note that this ETF is still up handily in the past year.
It was ARK Next Generation Internet ETF (NYSEARCA: ARKW) that bought 157,181 shares of Etsy. At Wednesday’s closing price, this would have valued this purchase at $27.5 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 81% in the past year.
Check out all of ARK Invest’s buys for Wednesday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | KSPI LI | KASPI.KZ JSC | 4,738 |
| ARKG | CMIIU | CM LIFE SCIENCES II INC | 10,400 |
| ARKG | DRNA | DICERNA PHARMACEUTICALS INC | 142,313 |
| ARKG | SGFY | SIGNIFY HEALTH INC | 129,777 |
| ARKG | SEER | SEER INC | 11,789 |
| ARKG | RPTX | REPARE THERAPEUTICS INC | 9,704 |
| ARKQ | ISRG | INTUITIVE SURGICAL INC | 7,259 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 72,725 |
| ARKQ | NIU | NIU TECHNOLOGIES | 53,389 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION CORP | 12,000 |
| ARKW | ETSY | ETSY INC | 157,181 |
| ARKW | VUZI | VUZIX CORP | 98,151 |
| ARKX | RTP | REINVENT TECHNOLOGY PARTNERS | 52,526 |
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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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