Cathie Wood's ARK Invest Buys Over 675,000 More Shares of CRISPR

Investing

Published: October 14, 2021 9:41 am

A couple of ARK Invest funds run by ETF star Cathie Wood made a huge buy on Wednesday. Specifically, these exchange-traded funds bought roughly $65 million worth of CRISPR Therapeutics AG (NASDAQ: CRSP), as the prices of these funds were fairly positive on Wednesday. Note that their performance is mixed in the past year.
[in-text-ad]
ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 150,210 shares of CRISPR, and ARK Innovation ETF (NYSEARCA: ARKK) bought 527,747 shares. At Wednesday’s closing prices, this would have valued the sales at roughly $65.6 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. The innovation ETF is up about 10% and the other is down 1% in the past year.

Note that these same funds also purchased nearly $40 million in CRISPR shares earlier this week.

Check out all the ARK Invest trades for Wednesday as well:

Fund	Direction	Ticker	Name	Shares
ARKG	Buy	CRSP	CRISPR THERAPEUTICS	150,210
ARKG	Buy	DYNS	DYNAMICS SPECIAL PURPOSE	577
ARKG	Buy	NTLA	INTELLIA THERAPEUTICS	51,559
ARKG	Buy	QSI	QUANTUM-SI	19,900
ARKG	Buy	SLGC	SOMALOGIC	399,610
ARKG	Buy	VCYT	VERACYTE	11,037
ARKG	Sell	VEEV	VEEVA SYSTEMS	81,531
ARKK	Buy	CRSP	CRISPR THERAPEUTICS	527,747
ARKK	Buy	BEAM	BEAM THERAPEUTICS	18,429
ARKK	Sell	PRLB	PROTO LABS	119,571
ARKK	Sell	SPOT	SPOTIFY TECHNOLOGY	128,790
ARKK	Sell	U	UNITY SOFTWARE	142,810
ARKQ	Buy	MKFG	MARKFORGED	127,526
ARKQ	Buy	TWOU	2U	1,330
ARKQ	Buy	VLD	VELO3D	102,790
ARKW	Buy	GENI	GENIUS SPORTS	21,618
ARKX	Buy	MKFG	MARKFORGED	199,719

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.
Goldman Sachs Says Buy 3 Dividend-Paying Tower Stocks Into Weakness

The Average American Is Losing Momentum On Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%¹ today. Checking accounts are even worse.

But there is good news. To win qualified customers, some accounts are paying more than 7x the national average. That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps