A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 800,000 shares of Twitter Inc. (NYSE: TWTR) altogether on Thursday, as the prices of these ETFs were up around 1% in Thursday’s session. These funds are up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 661,141 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 168,766 shares. At Thursday’s closing prices, this would have valued these purchases at roughly $55.3 million. This is only a small fraction of the total holdings. The innovation fund is up 38% in the past year and the other is up 46%.
Check out all of ARK Invest’s buys for Thursday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKG | QSI | QUANTUM-SI | 35,000 |
ARKG | SGFY | SIGNIFY HEALTH | 500,056 |
ARKK | TDOC | TELADOC HEALTH | 256,100 |
ARKK | PD | PAGERDUTY | 26,594 |
ARKK | NVTA | INVITAE | 531,209 |
ARKK | TWOU | 2U | 35,621 |
ARKK | TWTR | 661,141 | |
ARKK | SGFY | SIGNIFY HEALTH | 830,777 |
ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 22,934 |
ARKQ | ACHR | ARCHER AVIATION | 24,982 |
ARKW | GENI | GENIUS SPORTS | 154,978 |
ARKW | TWTR | 168,766 |
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.
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.