Investing
Cathie Wood's ARK Invest Buys Nearly $48 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 Friday. The funds bought over 200,000 shares of Roku Inc. (NASDAQ: ROKU) altogether, as the price of these ETFs 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 161,576 shares of Roku and ARK Next Generation Internet ETF (NYSEARCA: ARKW) picked up 43,449 shares. At Friday’s closing price, this would have valued these purchases at roughly $48.0 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. The innovation fund is up 11% in the past year, and the other is up closer to 22%.
Check out all of ARK Invest’s buys for Friday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | KSPILI | KASPI.KZ | 681 |
ARKF | TDOC | TELADOC HEALTH | 5,500 |
ARKG | BEAM | BEAM THERAPEUTICS | 23,300 |
ARKG | BNR | BURNING ROCK BIOTECH | 563,000 |
ARKG | TDOC | TELADOC HEALTH | 10,500 |
ARKK | TDOC | TELADOC HEALTH | 30,500 |
ARKK | ROKU | ROKU | 161,576 |
ARKK | MTLS | MATERIALISE | 41,736 |
ARKK | BEAM | BEAM THERAPEUTICS | 95,739 |
ARKQ | VLD | VELO3D | 27,855 |
ARKQ | MKFG | MARKFORGED | 48,058 |
ARKQ | ACHR | ARCHER AVIATION | 197,021 |
ARKW | ROKU | ROKU | 43,449 |
ARKW | TDOC | TELADOC HEALTH | 8,100 |
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.
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.