Cathie Wood's ARK Invest Buys Nearly 320,000 Shares of This SPAC

Investing

Published: September 13, 2021 8:05 am

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 320,000 shares of Jaws Spitfire Acquisition Corp. (NYSE: SPFR) all together on Friday, as the price of these funds were down around 1% in the day’s session. However, one of them is up a fair amount in the past year.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) added 198,528 shares of Jaws Spitfire, and ARK Space Exploration & Innovation (NYSEARCA: ARKX) bought 119,954 shares. At Friday’s closing price, this would have valued these purchases at roughly $3.2 million. This is only a small fraction of the total holdings. The robotics ETF is up about 47% over the past 52 weeks, and the other is up 2% since it came public.

Check out all the ARK Invest buys for Friday:

Fund	Ticker	Name	Shares
ARKF	DSYSJ	DISCOVERY	275,478
ARKG	RPTX	REPARE THERAPEUTICS	78,046
ARKG	PSNL	PERSONALIS	90,800
ARKG	NVTA	INVITAE	53,869
ARKG	ADPT	ADAPTIVE BIOTECHNOLOGIES	21,332
ARKK	CRSP	CRISPR THERAPEUTICS	17,000
ARKK	VCYT	VERACYTE INC	45,484
ARKQ	SPFR	JAWS SPITFIRE ACQUISITION	198,528
ARKQ	MKFG	MARKFORGED	174,225
ARKQ	KMTUY	KOMATSU	44,100
ARKX	SPFR	JAWS SPITFIRE ACQUISITION	119,954

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

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