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.
24/7 Wall St.Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
