Investing
Cathie Wood's ARK Invest Buys Over 940,000 Shares of This Augmented Reality Firm
Published:
A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 940,000 shares of Vuzix Corp. (NASDAQ: VUZI) on Tuesday, as the share price of these funds were relatively flat in the day’s session. Their share prices have greatly improved over the past year, though.
Specifically, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 262,826 shares of Vuzix and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 683,346 shares. At Tuesday’s closing prices, this would have valued these purchases at roughly $12 million. This is only a small fraction of the total holdings. Both funds are up 55% or so over the past 52 weeks.
Here is a quick look at all the purchases made by ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | DKNG | DRAFTKINGS INC | 35,900 |
| ARKF | ETSY | ETSY INC | 8,800 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES CORP | 268,463 |
| ARKG | BEAM | BEAM THERAPEUTICS INC | 48,616 |
| ARKG | SMFR | SEMA4 HOLDINGS CORP | 201,832 |
| ARKG | SGFY | SIGNIFY HEALTH INC | 308,074 |
| ARKG | PATH | UIPATH INC | 176,152 |
| ARKK | SRNG | SOARING EAGLE ACQUISITION CORP | 1,953,160 |
| ARKK | TSP | TUSIMPLE HOLDINGS INC | 690,523 |
| ARKK | FATE | FATE THERAPEUTICS INC | 21,200 |
| ARKK | Z | ZILLOW GROUP INC | 340,891 |
| ARKQ | VUZI | VUZIX CORP | 262,826 |
| ARKQ | TSP | TUSIMPLE HOLDINGS INC | 220,111 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION CORP | 24,119 |
| ARKQ | PATH | UIPATH INC | 56,835 |
| ARKQ | MKFG | MARKFORGED HOLDING CORP | 64,168 |
| ARKW | Z | ZILLOW GROUP INC | 102,648 |
| ARKW | VUZI | VUZIX CORP | 683,346 |
| ARKW | LPSN | LIVEPERSON INC | 140,919 |
| ARKX | BLDE | BLADE AIR MOBILITY | 156,637 |
| ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 61,817 |
| ARKX | MKFG | MARKFORGED HOLDING CORP | 255,800 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
