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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.
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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.
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