A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Friday. Specifically, these funds bought nearly 700,000 shares of Palantir Technologies Inc. (NASDAQ: PLTR), as the price of the funds gained about 1% on the day. Note that these ETFs are up a fair amount in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) purchased 389,496 shares of Palantir, and ARK Autonomous & Robotics ETF (NYSEARCA: ARKQ) bought 294,500 shares. At Friday’s closing price, this would have valued this purchase at roughly $16.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The share price of these funds is up more than 30% in the past year .
Check out all of ARK Invest’s buys for Friday as well:
| Fund | Ticker | Company Name | Shares Traded |
|---|---|---|---|
| ARKF | PLTR | PALANTIR TECHNOLOGIES | 389,496 |
| ARKF | PATH | UIPATH | 54,779 |
| ARKG | FATE | FATE THERAPEUTICS | 105,042 |
| ARKG | BEAM | BEAM THERAPEUTICS | 34,871 |
| ARKG | SMFR | SEMA4 | 203,932 |
| ARKG | MASS | 908 DEVICES | 5,325 |
| ARKG | RPTX | REPARE THERAPEUTICS | 2,935 |
| ARKG | QSI | QUANTUM-SI | 7,856 |
| ARKG | ZY | ZYMERGEN | 2,601 |
| ARKK | FATE | FATE THERAPEUTICS | 292,854 |
| ARKK | SRNG | SOARING EAGLE ACQUISITION | 273,629 |
| ARKK | BEAM | BEAM THERAPEUTICS | 5,190 |
| ARKK | SGFY | SIGNIFY HEALTH | 18,900 |
| ARKK | TSP | TUSIMPLE | 1,970 |
| ARKK | VCYT | VERACYTE | 455 |
| ARKQ | PLTR | PALANTIR TECHNOLOGIES | 294,500 |
| ARKQ | AVAV | AEROVIRONMENT | 10,588 |
| ARKQ | MKFG | MARKFORGED | 116,408 |
| ARKQ | KMTUY | KOMATSU | 28,711 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 22,603 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION | 11,547 |
| ARKW | FTCH | FARFETCH | 366,216 |
| ARKW | GENI | GENIUS SPORTS | 84,860 |
| ARKW | KVSB | KHOSLA VENTURES ACQUISITION II | 33,367 |
| ARKW | LPSN | LIVEPERSON | 1,001 |
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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