Investing

Cathie Wood's ARK Invest Buys Over 350,000 Shares of Quantum-Si

Thinkstock

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought over 350,000 shares of Quantum-Si Inc. (NASDAQ: QSI), as the price of this ETF gained about 0.4% on the day. Note that this fund is up significantly in the past year.

Specifically, ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 350,312 shares of Quantum-Si. At Thursday’s closing price, this would have valued this purchase at roughly $4.2 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 76% in the past year.

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

Fund Ticker Company Shares
ARKG QSI Quantum-Si 350,312
ARKG SEER Seer 52,532
ARKW BZ Kanzhun 242,938
ARKW VUZI Vuzix 354,128


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

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.