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