The broad markets more or less traded sideways for most of the day on Wednesday but slid lower into the close. ARK Investors ended the day mostly negative with one major exception. ARKG performed the best out of the group, up about 1.3%, while ARKQ lagged the rest of the group down about 0.9%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her ETFs to stand up to market headwinds.
ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.
Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.
While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major Buys that ARK Invest executed on June 9, 2021. Also check out all the ARK Invest sells that took place today.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.2 billion. Here are some trades we would highlight in this fund: Buy 152,549 shares of KE Holdings & Buy 104,352 shares of UiPath.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. Some of the biggest holdings include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.6 billion. Here are some notable trades in this fund: Buy 406,200 shares of Seer.
ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $23.1 billion. Here are some notable trades in this fund: Buy 134,921 shares of Coinbase & Buy 211,731 shares of UiPath.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. More big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.3 billion. Here are a few of trades of note in this fund: Buy 61,597 shares of Unity, Buy 164,169 shares of UiPath, & Buy 91,602 shares of Kratos.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. There are some similar names in this fund as the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.6 billion. Here are a couple of notable trades in this fund: Buy 47,042 shares of Coinbase & Buy 122,493 shares of UiPath.
Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Trades worth noting in this fund: Buy 23,919 shares of Iridium.
Check out all the Buys here:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKF | Buy | BEKE | KE HOLDINGS INC | 152,549 |
| ARKF | Buy | KSPILI | KASPI.KZ JSC | 1,351 |
| ARKF | Buy | PATH | UIPATH INC | 104,352 |
| ARKG | Buy | CMIIU | CM LIFE SCIENCES II INC | 300 |
| ARKG | Buy | SEER | SEER INC | 406,200 |
| ARKK | Buy | COIN | COINBASE GLOBAL INC | 134,921 |
| ARKK | Buy | PATH | UIPATH INC | 211,731 |
| ARKQ | Buy | U | UNITY SOFTWARE INC | 61,597 |
| ARKQ | Buy | PATH | UIPATH INC | 164,169 |
| ARKQ | Buy | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 91,602 |
| ARKW | Buy | COIN | COINBASE GLOBAL INC | 47,042 |
| ARKW | Buy | PATH | UIPATH INC | 122,493 |
| ARKX | Buy | IRDM | IRIDIUM COMMUNICATIONS INC | 23,919 |
| ARKX | Buy | PATH | UIPATH INC | 30,193 |
Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.
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