Cathie Wood's ARK Invest Buys Over 325,000 More Shares of DraftKings

Investing

Published: September 30, 2021 8:05 am

In the wake of a big buy on Tuesday, a couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made additional huge purchases on Wednesday. These funds bought over 325,000 shares of DraftKings Inc. (NASDAQ: DKNG) altogether, as the price of these ETFs lost around 2% on Wednesday. Note that these funds are up handily in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 184,805 more shares of DraftKings and ARK Next Generation Internet ETF (NYSEARCA: ARKW) acquired 158,095 shares. At Wednesday’s closing prices, this would have valued these purchases at roughly $16.6 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. Both funds are up more than 40% in the past 52 weeks.

Check out all of ARK Invest’s buys for Wednesday:

Fund	Ticker	Name	Shares
ARKG	BEAM	BEAM THERAPEUTICS	56,108
ARKG	SURF	SURFACE ONCOLOGY	252,503
ARKG	CRSP	CRISPR THERAPEUTICS	22,000
ARKG	DYNS	DYNAMICS SPECIAL PURPOSE	4,800
ARKG	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	170,327
ARKG	PSNL	PERSONALIS	45,300
ARKG	QSI	QUANTUM-SI	438,626
ARKK	TWOU	2U	40,606
ARKK	PD	PAGERDUTY	34,144
ARKK	PATH	UIPATH	240,508
ARKK	NVTA	INVITAE	47,824
ARKK	VCYT	VERACYTE	29,512
ARKK	Z	ZILLOW	197,856
ARKK	EXAS	EXACT SCIENCES	172,222
ARKK	DNA	GINKGO BIOWORKS	431,413
ARKK	DKNG	DRAFTKINGS	184,805
ARKK	CRSP	CRISPR THERAPEUTICS	60,000
ARKK	SGFY	SIGNIFY HEALTH	687,469
ARKQ	ACHR	ARCHER AVIATION	180,477
ARKQ	AVAV	AEROVIRONMENT	2,634
ARKQ	KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS	210,537
ARKW	CND	CONCORD ACQUISITION	53,252
ARKW	DKNG	DRAFTKINGS	158,095
ARKW	PD	PAGERDUTY	83,600
ARKW	ROKU	ROKU	25,566
ARKW	Z	ZILLOW	85,352
ARKX	PRNT	3D PRINTING ETF	11,155

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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