Investing
Cathie Wood's ARK Invest Buys Over $83 Million Worth of Roku Shares
Published:
A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought nearly 290,000 shares of Roku Inc. (NASDAQ: ROKU) altogether, as the price of these ETFs gained lost less than 1% on the day. Note that these funds are up significantly in the past year.
[in-text-ad]
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) bought 216,219 shares of Roku and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 71,357 shares. At Thursday’s closing price, this would have valued this purchase at roughly $83.2 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. The innovation fund is up 30% in the past year, and the other is up closer to 37%.
Check out all of ARK Invest’s buys for Thursday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | DKNG | DRAFTKINGS | 150,884 |
ARKF | FB | 102,461 | |
ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 986 |
ARKK | SKLZ | SKILLZ | 1,084,817 |
ARKK | ROKU | ROKU | 216,219 |
ARKK | PATH | UIPATH | 626,502 |
ARKK | NTLA | INTELLIA THERAPEUTICS | 30,260 |
ARKK | HOOD | ROBINHOOD MARKETS | 380,479 |
ARKK | EXAS | EXACT SCIENCES | 81,080 |
ARKK | TDOC | TELADOC HEALTH | 242,352 |
ARKQ | BLDE | BLADE AIR MOBILITY | 6,568 |
ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 341,040 |
ARKQ | NIU | NIU TECHNOLOGIES | 24,300 |
ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 19,926 |
ARKW | TWLO | TWILIO | 5,236 |
ARKW | ROKU | ROKU | 71,357 |
ARKW | GENI | GENIUS SPORTS | 68,608 |
ARKW | DKNG | DRAFTKINGS | 252,547 |
ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 125,669 |
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.
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.