Cathie Wood’s ARK Invest Buys Over 1 Million Shares of Skillz

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By Chris Lange Published
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Cathie Wood’s ARK Invest Buys Over 1 Million Shares of Skillz

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One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over a million shares of Skillz Inc. (NYSE: SKLZ) shares on Wednesday, as the price of this ETF traded down nearly 2% in the day’s session. The fund is up significantly in the past year.
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ARK Innovation ETF (NYSEARCA: ARKK | ARKK Price Prediction) bought 1,005,512 shares of Skillz. At Wednesday’s closing price, this would have valued this purchase at roughly $10.9 million. This is only a small fraction of the total holdings. The fund is up 17% over the past 52 weeks.
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Here’s a look at all the buys across ARK Invest funds:

Fund Ticker Name Shares
ARKF KSPILI KASPI.KZ 380
ARKF STNE STONECO 294,220
ARKF TOST TOAST 43,202
ARKF TWLO TWILIO 28,374
ARKG VERV VERVE THERAPEUTICS 10,405
ARKG QSI QUANTUM-SI 98,089
ARKG ONEM 1LIFE HEALTHCARE 367,475
ARKG BNR BURNING ROCK BIOTECH 16,324
ARKG ALLO ALLOGENE THERAPEUTICS 1,787
ARKK BEAM BEAM THERAPEUTICS 157,464
ARKK MTLS MATERIALISE 24,488
ARKK NTLA INTELLIA THERAPEUTICS 8,312
ARKK ROKU ROKU 245,321
ARKK SKLZ SKILLZ 1,005,512
ARKQ ACHR ARCHER AVIATION 113,351
ARKQ TSP TUSIMPLE 60,863
ARKQ VLD VELO3D 2,500
ARKW ROKU ROKU 64,931
ARKX MKFG MARKFORGED 69,400

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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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