Cathie Wood's ARK Invest Buys Over 460,000 Shares of Snap

Investing

Published: October 26, 2021 7:50 am

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 460,000 shares of Snap Inc. (NYSE: SNAP) altogether on Monday, as the share price of these funds traded up over 2% in the day’s session. Their share prices have greatly improved over the past year.
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ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 160,819 shares of Snap, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 301,671 shares. At Monday’s closing price, this would have valued these purchases at roughly $25.2 million. This is only a small fraction of the total holdings. The innovation fund is up about 26% over the past 52 weeks and next-gen is up closer to 35%.

Here is a quick look at all the purchases that took place across the ARK ETFs:

Fund	Ticker	Name	Shares
ARKF	AMZN	AMAZON.COM	2,085
ARKF	DKNG	DRAFTKINGS	235,627
ARKF	ETSY	ETSY	25,900
ARKF	HOOD	ROBINHOOD MARKETS	210,569
ARKF	PAGS	PAGSEGURO DIGITAL	79,193
ARKF	PATH	UIPATH	220,517
ARKF	SNAP	SNAP	160,819
ARKG	VERV	VERVE THERAPEUTICS	3,208
ARKG	VCYT	VERACYTE	1,324
ARKG	SLGC	SOMALOGIC	69,610
ARKG	NTLA	INTELLIA THERAPEUTICS	3,535
ARKG	ARCT	ARCTURUS THERAPEUTICS	67,105
ARKK	BEAM	BEAM THERAPEUTICS	7,638
ARKK	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	78,058
ARKK	TWTR	TWITTER	103,155
ARKK	ROKU	ROKU	12,731
ARKQ	NNDM	NANO DIMENSION	211,064
ARKW	LPSN	LIVEPERSON	179,300
ARKW	PD	PAGERDUTY	25,800
ARKW	SKLZ	SKILLZ	202,978
ARKW	SNAP	SNAP	301,671
ARKW	SPOT	SPOTIFY TECHNOLOGY	22,021
ARKX	BLDE	BLADE AIR MOBILITY	21,327
ARKX	DDD	3D SYSTEMS	73,417
ARKX	MKFG	MARKFORGED	354,204
ARKX	VLD	VELO3D	8,320

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.