Investing
Cathie Wood's ARK Invest Buys Over 240,000 Shares of Fate Therapeutics
Published:
A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought over 240,000 shares of Fate Therapeutics Inc. (NASDAQ: FATE) altogether, as the price of these ETFs were somewhat mixed on the day. Note that these funds are up significantly in the past year.
Specifically, ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 55,163 shares of Fate Therapeutics, and ARK Innovation ETF (NYSEARCA: ARKK) bought 186,114 shares. At Tuesday’s closing price, this would have valued this purchase at roughly $20.1 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. ARKG is up 50% in the past year and ARKK is up closer to 46%.
Here is a look at the other purchases across the ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | ETSY | Etsy | 90,831 |
| ARKF | HOOD | Robinhood Markets | 89,622 |
| ARKG | SRNG | Soaring Eagle Acquisition | 214,751 |
| ARKG | SMFR | Sema4 | 96,000 |
| ARKG | SGFY | Signify Health | 31,587 |
| ARKG | RPTX | Repare Therapeutics | 11,809 |
| ARKG | MASS | 908 Devices | 46,488 |
| ARKG | BEAM | Beam Therapeutics | 3,074 |
| ARKG | EDIT | Editas Medicine | 35,000 |
| ARKG | FATE | Fate Therapeutics | 55,163 |
| ARKK | VCYT | Veracyte | 16,379 |
| ARKK | PACB | Pacific Biosciences of California | 190,000 |
| ARKK | FATE | Fate Therapeutics | 186,114 |
| ARKK | BEAM | Beam Therapeutics | 37,694 |
| ARKQ | MKFG | Markforged | 397,767 |
| ARKQ | AVAV | Aerovironment | 22,232 |
| ARKW | CND | Conchord Acquisition | 3,000 |
| ARKW | KVSB | Khosla Ventures Acquisition II | 10,000 |
| ARKW | VUZI | Vuzix | 90,000 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
