One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Wednesday. This fund bought over 60,000 shares of Teladoc Health Inc. (NYSE: TDOC), as the price of this ETF gained slightly on Wednesday. Note that this fund is up handily in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) purchased 61,374 shares of Teladoc. At Wednesday’s closing price, this would have valued the purchase at roughly $8.9 million. Even though this is a small fraction of the total holdings, every little bit counts. The ETF is up about 36% in the past 52 weeks.
Check out all of the ARK Invest buys for Wednesday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | TCEHY | TENCENT | 234,835 |
ARKF | Z | ZILLOW | 493 |
ARKF | TDOC | TELADOC HEALTH | 61,374 |
ARKF | COIN | COINBASE GLOBAL | 60,901 |
ARKF | JD | JD.COM | 58,946 |
ARKF | PDD | PINDUODUO | 75,593 |
ARKG | PSNL | PERSONALIS | 43,612 |
ARKG | PFE | PFIZER | 170,809 |
ARKG | MASS | 908 DEVICES | 11,300 |
ARKG | DYNS | DYNAMICS SPECIAL PURPOSE | 3 |
ARKG | CMIIU | CM LIFE SCIENCES II | 18,100 |
ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 30,596 |
ARKG | QSI | QUANTUM-SI | 117,584 |
ARKK | FATE | FATE THERAPEUTICS | 1,000 |
ARKK | NVTA | INVITAE | 113,774 |
ARKK | SGFY | SIGNIFY HEALTH | 206,099 |
ARKQ | MKFG | MARKFORGED | 183,121 |
ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 9,060 |
ARKQ | KMTUY | KOMATSU | 96,487 |
ARKQ | DDD | 3D SYSTEMS | 64,660 |
ARKQ | AVAV | AEROVIRONMENT | 3,059 |
ARKW | LPSN | LIVEPERSON | 4,423 |
ARKW | GENI | GENIUS SPORTS | 190,893 |
ARKX | ACIC | ATLAS CREST INVESTMENT | 121,997 |
ARKX | MKFG | MARKFORGED | 199,884 |
ARKX | PRNT | 3D PRINTING ETF | 12,220 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.