A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 500,000 shares of autonomous vehicle maker TuSimple Holdings Inc. (NASDAQ: TSP) on Friday, as the share price of these funds traded down less than 1% in the day’s session. The fund’s share price has improved greatly over the past year.
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) bought 321,657 shares of TuSimple and ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 160,163 shares. At Friday’s closing price, this would have valued this purchase at roughly $16.3 million. This is only a small fraction of the total holdings. The former fund is up 47% over the past 52 weeks and the latter is 51% higher.
Here is a quick look at all the purchases made by ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | SGFY | Signify Health | 269,965 |
| ARKG | SMFR | Sema4 | 122,482 |
| ARKK | TSP | TuSimple | 321,657 |
| ARKK | SRNG | Soaring Eagle Acquisition | 1,309,155 |
| ARKK | ROKU | Roku | 48,880 |
| ARKK | PATH | UiPath | 98,425 |
| ARKQ | TSP | TuSimple | 160,163 |
| ARKQ | SPFR | Jaws Spitfire Acquisition | 11,500 |
| ARKQ | MKFG | Markforged | 93,145 |
| ARKQ | AVAV | Aerovironment | 10,640 |
| ARKW | GENI | Genius Sports | 69,930 |
| ARKW | PATH | UiPath | 130,691 |
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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