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.
24/7 Wall St.Credit card companies are handing out rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. See our top picks for the best credit cards today. You won’t want to miss some of these offers.
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
