A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 450,000 shares of Twitter Inc. (NYSE: TWTR) altogether on Friday, as the prices of these ETFs were down more than 1% in Friday’s session. These funds are up a fair amount in the past year.
[in-text-ad]
ARK Innovation ETF (NYSEARCA: ARKK) bought 360,261 shares of Twitter, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 88,683 shares. At Friday’s closing prices, this would have valued these purchases at roughly $27.9 million. This is only a small fraction of the total holdings. The innovation fund is up 21% in the past year and the other is up 32%.
Check out all of ARK Invest’s buys for Friday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKG | ARCT | ARCTURUS THERAPEUTICS HOLDINGS | 51,008 |
ARKG | NTLA | INTELLIA THERAPEUTICS | 16,492 |
ARKG | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 267,412 |
ARKG | SLGC | SOMALOGIC | 216,800 |
ARKG | SURF | SURFACE ONCOLOGY | 30,000 |
ARKG | VCYT | VERACYTE | 19,400 |
ARKK | TWTR | 360,261 | |
ARKK | ROKU | ROKU | 16,743 |
ARKK | NTLA | INTELLIA THERAPEUTICS | 11,261 |
ARKK | BEAM | BEAM THERAPEUTICS | 45,600 |
ARKQ | VLD | VELO3D | 64,241 |
ARKW | TWTR | 88,683 | |
ARKW | SNAP | SNAP | 230,323 |
ARKW | SKLZ | SKILLZ | 530,747 |
ARKW | LPSN | LIVEPERSON | 199,503 |
ARKX | VLD | VELO3D INC | 139,226 |
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.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.