Cathie Wood’s ARK Invest Buys Over $176 Million Worth of Roku Shares

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By Chris Lange Published
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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 | ROKU Price Prediction) 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

[nativounit]
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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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