One of the ARK exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Tuesday. It added more than 390,000 shares of DraftKings Inc. (NASDAQ: DKNG), as the price of this ETF lost around 4% on Tuesday. Note that this ETF is still up significantly in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 393,050 shares of DraftKings. At Tuesday’s closing price, this would have valued this purchase at roughly $19.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The ETF is up 24% in the past year.
Check out all of ARK Invest’s buys for Tuesday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKG | BEAM | BEAM THERAPEUTICS | 27,345 |
ARKG | VCYT | VERACYTE | 17,900 |
ARKG | SURF | SURFACE ONCOLOGY | 29,144 |
ARKG | SGFY | SIGNIFY HEALTH | 402,747 |
ARKG | QSI | QUANTUM-SI | 398,229 |
ARKG | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 80,479 |
ARKG | NVTA | INVITAE | 17,180 |
ARKG | MASS | 908 DEVICES | 8,500 |
ARKG | CRSP | CRISPR THERAPEUTICS | 10,500 |
ARKK | PD | PAGERDUTY | 266,548 |
ARKK | ROKU | ROKU | 95,295 |
ARKK | SGFY | SIGNIFY HEALTH | 390,775 |
ARKK | SQ | SQUARE | 164,151 |
ARKK | TWOU | 2U | 236,100 |
ARKK | VCYT | VERACYTE | 20,221 |
ARKK | Z | ZILLOW GROUP | 258,827 |
ARKK | PATH | UIPATH | 337,091 |
ARKK | DKNG | DRAFTKINGS | 393,050 |
ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 112,471 |
ARKK | HOOD | ROBINHOOD MARKETS | 197,942 |
ARKK | EXAS | EXACT SCIENCES | 159,436 |
ARKK | DNA | GINKGO BIOWORKS HOLDINGS | 327,400 |
ARKK | COIN | COINBASE GLOBAL | 184,199 |
ARKK | CRSP | CRISPR THERAPEUTICS | 30,000 |
ARKQ | TRMB | TRIMBLE | 93,085 |
ARKQ | PATH | UIPATH | 519,643 |
ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 71,744 |
ARKQ | DDD | 3D SYSTEMS | 178,457 |
ARKQ | AVAV | AEROVIRONMENT | 36,738 |
ARKQ | ACHR | ARCHER AVIATION | 81,980 |
ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 29,548 |
ARKW | VCYT | VERACYTE | 12,500 |
ARKW | SQ | SQUARE | 41,556 |
ARKW | LPSN | LIVEPERSON | 72,878 |
ARKX | AVAV | AEROVIRONMENT | 5,412 |
ARKX | PRNT | 3D PRINTING ETF | 17,685 |
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.