Cathie Wood’s ARK Invest Buys Nearly 700,000 Shares of Quantum-Si

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By Chris Lange Published
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Cathie Wood’s ARK Invest Buys Nearly 700,000 Shares of Quantum-Si

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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

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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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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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