Cathie Wood's ARK Invest Buys Over 1.2 Million Shares of Twitter

Investing

Published: July 26, 2021 7:55 am

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 1.2 million shares of Twitter Inc. (NYSE: TWTR) altogether on Friday, as the prices of these ETFs were up around 1% in Friday’s session. These funds are up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 982,205 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 255,851 shares. At Friday’s closing price, this would have valued these purchases at roughly $88.8 million. This is only a small fraction of the total holdings. ARKK is up 55% over the past 52 weeks and ARKW is 57% higher.

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

Fund	Ticker	Company	Shares
ARKG	QSI	Quantum-Si	294,054
ARKG	ACCD	Accolade	30,734
ARKG	VERV	Verve Therapeutics	88,576
ARKG	SGFY	Signify Health	198,270
ARKG	RPTX	Repare Therapeutics	107,914
ARKG	IONS	Ionis Pharmaceuticals	58,244
ARKK	U	Unity Software	23,749
ARKK	TWTR	Twitter	982,205
ARKK	PATH	UiPath	80,566
ARKK	PACB	Pacific Biosciences of California	265,173
ARKK	FATE	Fate Therapeutics	74,121
ARKQ	BLDE	Blade Air Mobility	201,989
ARKW	DKNG	DraftKings	122,828
ARKW	KVSB	Khosla Ventures Acquisition II	89,500
ARKW	TWTR	Twitter	255,581

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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