Cathie Wood's ARK Invest Buys Nearly 800,000 Shares of Khosla Ventures

Investing

Published: July 16, 2021 9:15 am

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought nearly 800,000 shares of Khosla Ventures Acquisition Co. (NASDAQ: KVSB), as the price of this ETF lost 1.5% on the day. Note that this fund is up significantly in the past year.

Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 793,065 shares of Khosla Ventures. At Thursday’s closing price, this would have valued this purchase at roughly $8.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 51% in the past year.

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

Fund	Ticker	Company	Shares
ARKG	RPTX	REPARE THERAPEUTICS INC	39,887
ARKG	VERV	VERVE THERAPEUTICS INC	60,256
ARKG	FATE	FATE THERAPEUTICS INC	152,712
ARKG	SGFY	SIGNIFY HEALTH INC	36,732
ARKG	QSI	QUANTUM-SI INC	347,305
ARKK	COIN	COINBASE GLOBAL INC	69,172
ARKK	EXAS	EXACT SCIENCES CORP	224,559
ARKK	U	UNITY SOFTWARE INC	354,919
ARKQ	KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS INC	91,585
ARKQ	MKFG	MARKFORGED HOLDING CORP	3,523
ARKQ	PATH	UIPATH INC	47,349
ARKW	CND	CONCORD ACQUISITION CORP	468,289
ARKW	KVSB	KHOSLA VENTURES ACQUISITION CO II	793,065
ARKW	PATH	UIPATH INC	95,058
ARKX	PATH	UIPATH INC	9,612

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

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