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.
[in-text-ad]
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 | 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.
Get Ready To Retire (Sponsored)
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.