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.
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
