Cathie Wood's ARK Invest Buys Nearly 450,000 Shares of UiPath

Investing

Published: July 9, 2021 9:25 am

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Thursday. Altogether, these funds bought nearly 450,000 shares of UiPath Inc. (NYSE: PATH), as the price of this ETF dropped less than 1% on Thursday. Note that this fund is still up handily in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 445,042 shares of UiPath. At Thursday’s closing price, this would have valued these purchases at roughly $30.4 million. Even though this is a small fraction of the total holdings, every little bit counts. ARKK is up 55% in the past year.

Check out all of ARK Invest’s buys for Thursday:

Fund	Ticker	Company	Shares
ARKG	SGFY	Signify Health	90,214
ARKG	MASS	908 Devices	18,400
ARKG	QSI	Quantum-Si	231,750
ARKG	RPTX	Repare Therapeutics	11,285
ARKG	RXRX	Recursion Pharmaceuticals	45,992
ARKK	COIN	Coinbase Global	218,424
ARKK	FATE	Fate Therapeutics	32,305
ARKK	PATH	UiPath	445,042
ARKQ	KTOS	Kratos Defense & Security Solutions	68,215
ARKW	COIN	Coinbase Global	37,054
ARKW	FTCH	Farfetch	187,402
ARKW	VUZI	Vuzix	59,338
ARKW	U	Unity Software	72,233

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

24/7 Wall St.
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