One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Wednesday. The fund bought nearly 700,000 shares of Quantum-SI Inc. (NASDAQ: QSI), as the price of this ETF gained about 2.5% on the day. Note that this fund is still up significantly in the past year.
Specifically, ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 688,036 shares of Quantum-Si. At Wednesday’s closing price, this would have valued this purchase at roughly $5.6 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.
Here’s a look at the other buys across the ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | CMIIU | CM LIFE SCIENCES II INC | 556,195 |
| ARKG | CRSP | CRISPR THERAPEUTICS AG | 5,400 |
| ARKG | QSI | QUANTUM-SI INC | 688,036 |
| ARKK | PD | PAGERDUTY INC | 22,658 |
| ARKQ | BLDE | BLADE AIR MOBILITY INC | 149,784 |
| ARKQ | IRDM | IRIDIUM COMMUNICATIONS INC | 1,478 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 23,051 |
| ARKQ | PATH | UIPATH INC | 22,912 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
“The Next NVIDIA” Could Change Your Life
If you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
Click here to download your FREE copy.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
