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

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By Chris Lange Published
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Cathie Wood’s ARK Invest Buys Nearly 450,000 Shares of UiPath

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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 | PATH Price Prediction), 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

[nativounit]
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.
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Photo of Chris Lange
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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