Investing
Cathie Wood's ARK Invest Buys Over $176 Million Worth of Roku Shares
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A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought over 240,000 shares of Roku Inc. (NASDAQ: ROKU) altogether, as the price of these ETFs gained over 1% on the day. Note that these funds are up significantly in the past year.
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) bought 337,688 shares of Fate Therapeutics and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 99,201 shares. At Thursday’s closing price, this would have valued this purchase at roughly $176.3 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. ARKK is up 49% in the past year and ARKW is up closer to 48%.
Here is a look at the other purchases across the ARK ETFs:
Fund | Ticker | Company | Shares |
---|---|---|---|
ARKG | SMFR | Sema4 | 73,710 |
ARKG | CRSP | CRISPR Therapeutics | 15,000 |
ARKG | MASS | 908 Devices | 70,000 |
ARKG | SURF | Surface Oncology | 38,017 |
ARKG | RPTX | Repare Therapeutics | 525 |
ARKG | SGFY | Signify Health | 21,100 |
ARKK | EDIT | Editas Medicine | 25,000 |
ARKK | SRNG | Soaring Eagle Acquisition | 1,926,400 |
ARKK | PATH | UiPath | 119,500 |
ARKK | ROKU | Roku | 337,688 |
ARKQ | AVAV | Aerovironment | 9,618 |
ARKQ | MKFG | Markforged | 224,000 |
ARKQ | SPFR | Jaws Spitfire Acquisition | 10,336 |
ARKW | ROKU | Roku | 99,201 |
ARKW | GENI | Genius Sports | 280,214 |
ARKX | SPFR | Jaws Spitfire Acquisition | 9,900 |
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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