Cathie Wood’s ARK Invest Buys Over 220,000 Shares of Trimble

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By Chris Lange Published
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Cathie Wood’s ARK Invest Buys Over 220,000 Shares of Trimble

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One ARK exchange-traded fund run by ETF star Cathie Wood bought over 220,000 shares of Trimble Inc. (NASDAQ: TRMB | TRMB Price Prediction) shares on Friday, as the price of this ETF gained about 0.2% in Friday’s session. This ETF is up significantly in the last year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 222,701 shares of Trimble. At Friday’s closing price this purchase would be valued at roughly $18.0 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 81% in the past year.

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

Fund Direction Ticker Company Shares
ARKG Buy IONS IONIS PHARMACEUTICALS INC 112,462
ARKG Buy PATH UIPATH INC 136,859
ARKG Buy QSI QUANTUM-SI INC 127,754
ARKG Sell PSTI PLURISTEM THERAPEUTICS INC 95,001
ARKK Buy PATH UIPATH INC 83,349
ARKK Buy TRMB TRIMBLE INC 222,701
ARKQ Sell GLEO GALILEO ACQUISITION CORP 818

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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