Cathie Wood's ARK Invest Buys Over 650,000 Shares of Concord Acquisition

Investing

Published: July 21, 2021 9:25 am

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought nearly 650,000 shares of Concord Acquisition Corp. (NYSE: CND), as the price of this ETF gained over 2% on the day. Note that this fund is up significantly in the past year.

Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 661,638 shares of Concord Acquisition. At Tuesday’s closing price, this would have valued this purchase at roughly $6.8 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 47% in the past year.

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

Fund	Ticker	Company	Shares
ARKF	COIN	Coinbase Global	18,735
ARKF	PATH	UiPath	124,593
ARKG	RPTX	Repare Therapeutics	347,968
ARKG	PACB	Pacific Biosciences of California	354,388
ARKG	IONS	Ionis Pharmaceuticals	54,702
ARKG	SGFY	Signify Health	16,800
ARKG	QSI	Quantum-Si	212,468
ARKG	VERV	Verve Therapeutics	60,922
ARKG	ACCD	Accolade	3,103
ARKG	VRTX	Vertx Pharmaceuticals	108,261
ARKK	COIN	Coinbase Global	120,069
ARKK	FATE	Fate Therapeutics	36,661
ARKQ	BLDE	Blade Air Mobility	58,752
ARKQ	MGA	Magna International	19,248
ARKQ	MKFG	Markforged	187,193
ARKQ	U	Unity Software	83,796
ARKW	PATH	UiPath	86,935
ARKW	KVSB	Khosla Ventures Acquisition II	319,300
ARKW	GBTC	Grayscale Bitcoin Trust	140,157
ARKW	CND	Concord Acquisition	661,638
ARKX	2618HK	JD Logistics	812,800
ARKX	AVAV	Aerovironment	8,887
ARKX	U	Unity Software	18,500

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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