Investing
Cathie Wood's ARK Invest Buys Nearly 500,000 Shares of Buffett-Backed Brazilian Fintech
Published:
One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought nearly 500,000 shares of Buffett-backed Brazilian fintech company Nu Holdings Ltd. (NYSE: NU) on Monday. The price of this ETF pulled back nearly 3% in Monday’s session, and it is down a fair amount in the past year.
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It was the ARK Fintech Innovation ETF (NYSEARCA: ARKF) that added 488,270 shares of Nu Holdings. At Monday’s closing price, this would have valued this purchase at roughly $4.4 million. This is only a small fraction of the total holdings. The ETF is down roughly 22% in the past year.
Check out all of ARK Invest’s buys for Monday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | PATH | UIPATH | 132,369 |
ARKF | NU | NU HOLDINGS | 488,270 |
ARKF | SE | SEA | 21,410 |
ARKF | SQ | SQUARE | 27,359 |
ARKF | DKNG | DRAFTKINGS | 55,400 |
ARKF | HOOD | ROBINHOOD MARKETS | 62,500 |
ARKF | DSYSJ | DISCOVERY | 67,614 |
ARKG | NRIX | NURIX THERAPEUTICS | 16,628 |
ARKK | TDOC | TELADOC HEALTH | 29,000 |
ARKK | TWOU | 2U | 67,500 |
ARKQ | XPEV | XPENG | 31,178 |
ARKQ | BLDE | BLADE AIR MOBILITY | 35,039 |
ARKQ | NIU | NIU TECHNOLOGIES | 9,279 |
ARKQ | MTLS | MATERIALISE | 1,500 |
ARKW | SHOP | SHOPIFY | 5,303 |
ARKW | SE | SEA | 32,798 |
ARKW | EDR | ENDEAVOR GROUP | 22,085 |
ARKX | MYNA | MYNARIC | 2,100 |
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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