Cathie Wood's Ark Invest Buys Over 225,000 Shares of Zoom Video

Investing

Published: November 4, 2021 9:35 am

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Wednesday. These funds bought over 225,000 shares of Zoom Video Communications Inc. (NASDAQ: ZM) altogether, as their share prices gained about 1% in Wednesday’s session. Note that these ETFs are up handily in the past year.
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ARK Innovation ETF (NYSEARCA: ARKK) bought 195,009 shares of Zoom Video and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 31,368 shares. At Wednesday’s closing prices, this would have valued these purchases at roughly $64.7 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation ETF is up 36% in the past year, and the internet ETF is up 44%.

Check out all of ARK Invest’s buys for Wednesday:

Fund	Ticker	Name	Shares
ARKF	TWLO	TWILIO	44,149
ARKG	ADPT	ADAPTIVE BIOTECHNOLOGIES	31,397
ARKG	ALLO	ALLOGENE THERAPEUTICS	71,729
ARKG	EXAS	EXACT SCIENCES	136,157
ARKG	PACB	PACIFIC BIOSCIENCES OF CALIFORNIA	54,000
ARKK	TDOC	TELADOC HEALTH	4,660
ARKK	ZM	ZOOM VIDEO COMMUNICATIONS	195,009
ARKK	PATH	UIPATH	176,694
ARKK	NTLA	INTELLIA THERAPEUTICS	17,745
ARKK	HOOD	ROBINHOOD MARKETS	722,344
ARKK	EXAS	EXACT SCIENCES	507,479
ARKK	DKNG	DRAFTKINGS	193,482
ARKK	BEAM	BEAM THERAPEUTICS	24,803
ARKK	TWLO	TWILIO	145,742
ARKQ	BLDE	BLADE AIR MOBILITY	2,376
ARKQ	KTOS	KRATOS DEFENSE & SECURITY SOLUTIONS	9,008
ARKQ	NIU	NIU TECHNOLOGIES	10,200
ARKW	TWLO	TWILIO	37,135
ARKW	LPSN	LIVEPERSON	290,045
ARKW	GENI	GENIUS SPORTS	42,500
ARKW	ZM	ZOOM VIDEO COMMUNICATIONS	31,368

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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