Cathie Wood's ARK Invest Buys Over 95,000 Shares of Zoom Video

Investing

Published: June 3, 2021 10:09 pm

Last Updated: June 4, 2021 8:10 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge purchase on Thursday. Accordingly, this fund bought over 95,000 shares of Zoom Video Communications Inc. (NASDAQ: ZM) shares, as the price of this ETF dropped about 3.5% in Thursday’s session. Note that this ETF is up handily in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 96,123 shares of Zoom Video. At Thursday’s closing price, this would have valued this purchase at roughly $30.7 million. Even though this is a small fraction of the total holdings, every little bit counts. ARKK is up 66% in the past year.

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

Fund	Ticker	Company	Shares
ARKF	GOOG	ALPHABET INC	4,496
ARKF	KSPILI	KASPI.KZ JSC	4,866
ARKG	SGFY	SIGNIFY HEALTH INC	32,322
ARKG	RPTX	REPARE THERAPEUTICS INC	13,463
ARKG	MASS	908 DEVICES INC	200
ARKG	DRNA	DICERNA PHARMACEUTICALS INC	3,406
ARKK	ZM	ZOOM VIDEO COMMUNICATIONS INC	96,123
ARKK	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA INC	40,000
ARKK	CRSP	CRISPR THERAPEUTICS AG	8,000
ARKQ	KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS INC	44,867
ARKQ	NIU	NIU TECHNOLOGIES	78,702
ARKX	RTP	REINVENT TECHNOLOGY PARTNERS	54,800

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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