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