Cathie Wood's ARK Invest Buys Over 300,000 Shares of UiPath

Investing

Published: December 13, 2021 10:10 am

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Friday. This fund bought over 300,000 shares of robotics software company UiPath Inc. (NYSE: PATH), as the price of this ETF dropped more than 1% on Friday. Note that this fund is down handily over the past year.
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ARK Innovation ETF (NYSEARCA: ARKK) bought 308,263 shares of UiPath. At Friday’s closing price, this would have valued this purchase at roughly $13.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is down 22% in the past year.

Check out all of ARK Invest’s trades for Friday:

Fund	Direction	Ticker	Name	Shares
ARKG	Buy	MASS	908 DEVICES	17,400
ARKG	Buy	NVTA	INVITAE	96,903
ARKG	Buy	QSI	QUANTUM-SI	82,963
ARKG	Sell	REGN	REGENERON PHARMACEUTICALS	9,477
ARKK	Buy	SSYS	STRATASYS	80,627
ARKK	Buy	PD	PAGERDUTY	122,940
ARKK	Buy	PATH	UIPATH	308,263
ARKK	Buy	NTLA	INTELLIA THERAPEUTICS	20,569
ARKK	Buy	MTLS	MATERIALISE	18,000
ARKK	Sell	TSLA	TESLA	25,377
ARKQ	Buy	AVAV	AEROVIRONMENT	19,200
ARKQ	Buy	BLDE	BLADE AIR MOBILITY	27,621
ARKQ	Sell	TSLA	TESLA	2,968

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

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