Cathie Wood's ARK Invest Buys Over 130,000 Shares of Roblox

Investing

Published: June 17, 2021 9:15 am

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Wednesday. The fund bought over 130,000 shares of Roblox Corp. (NYSE: RBLX), as the price of this ETF was relatively flat on the day. Note that this fund is still up significantly in the past year.

Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 134,250 shares of Roblox. At Wednesday’s closing price, this would have valued this purchase at roughly $1.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 74% in the past year.

Here’s a look at all the other Buys across the ARK ETFs:

Fund	Ticker	Company	Shares
ARKF	JD	JD.COM INC	37,200
ARKG	SEER	SEER INC	18,755
ARKG	CMIIU	CM LIFE SCIENCES II INC	1,314,983
ARKQ	PATH	UIPATH INC	23,743
ARKQ	KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS INC	51,095
ARKQ	IRDM	IRIDIUM COMMUNICATIONS INC	60,000
ARKQ	BLDE	BLADE AIR MOBILITY INC	41,896
ARKW	RBLX	ROBLOX CORP	134,250
ARKX	BLDE	BLADE AIR MOBILITY INC	32,080

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

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