One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge purchase on Monday. This fund bought over 180,000 shares of Etsy Inc. (NASDAQ: ETSY), as the price of this ETF gained around 1.6% on Monday. Note that this ETF is still up handily in the past year.
It was ARK Next Generation Internet ETF (NYSEARCA: ARKW) that bought 183,172 Etsy shares. At Monday’s closing price, this would have valued this purchase at $31.2 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 88% in the past year.
Check out all of ARK Invest’s buys for Monday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | BEKE | KE HOLDINGS INC | 156,460 |
| ARKF | JD | JD.COM INC | 47,000 |
| ARKF | KSPILI | KASPI.KZ JSC | 1,703 |
| ARKF | PATH | UIPATH INC | 135,186 |
| ARKG | CMIIU | CM LIFE SCIENCES II INC | 30,800 |
| ARKG | SEER | SEER INC | 18,113 |
| ARKG | RPTX | REPARE THERAPEUTICS INC | 33 |
| ARKQ | PATH | UIPATH INC | 22,600 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 12,849 |
| ARKQ | IRDM | IRIDIUM COMMUNICATIONS INC | 11,693 |
| ARKW | ETSY | ETSY INC | 183,172 |
| ARKX | BLDE | BLADE AIR MOBILITY INC | 31,084 |
| ARKX | PATH | UIPATH INC | 53,758 |
| ARKX | U | UNITY SOFTWARE INC | 21,105 |
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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