Investing
Cathie Wood's ARK Invest Buys Nearly 1.2 Million Shares of DraftKings
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One of the ARK exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Tuesday. It added more than 1.2 million shares of DraftKings Inc. (NASDAQ: DKNG), as the price of this ETF lost around 4% on the day. Note that this ETF is down significantly over the past year.
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ARK Innovation ETF (NYSEARCA: ARKK) bought 1,185,460 shares of DraftKings. At Tuesday’s closing price, this would have valued this purchase at roughly $31.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The ETF is down 27% in the past year.
Check out all of ARK Invest’s buys for Tuesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | HOOD | ROBINHOOD MARKETS | 462,613 |
| ARKF | TOST | TOAST | 32,000 |
| ARKF | TDOC | TELADOC HEALTH | 29,000 |
| ARKF | SE | SEA | 26,706 |
| ARKG | VCYT | VERACYTE | 69,015 |
| ARKG | SURF | SURFACE ONCOLOGY | 61,005 |
| ARKG | SGFY | SIGNIFY HEALTH | 51,500 |
| ARKG | RXRX | RECURSION PHARMACEUTICALS | 81,063 |
| ARKG | PSNL | PERSONALIS | 29,469 |
| ARKG | ONEM | 1LIFE HEALTHCARE | 176,830 |
| ARKG | NVTA | INVITAE | 80,000 |
| ARKG | BNR | BURNING ROCK BIOTECH | 62,542 |
| ARKG | CGEN | COMPUGEN | 23,216 |
| ARKG | MASS | 908 DEVICES | 102,840 |
| ARKG | NTLA | INTELLIA THERAPEUTICS | 22,910 |
| ARKK | TWOU | 2U | 43,000 |
| ARKK | SQ | SQUARE | 304,356 |
| ARKK | RBLX | ROBLOX | 332,950 |
| ARKK | NVTA | INVITAE | 32,000 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 72,829 |
| ARKK | SSYS | STRATASYS | 53,000 |
| ARKK | DKNG | DRAFTKINGS | 1,185,460 |
| ARKK | BLI | BERKELEY LIGHTS | 4,800 |
| ARKQ | MTLS | MATERIALISE | 12,718 |
| ARKQ | PATH | UIPATH | 72,283 |
| ARKQ | PLTR | PALANTIR TECHNOLOGIES | 189,611 |
| ARKQ | VUZI | VUZIX | 123,974 |
| ARKQ | VLD | VELO3D | 156,690 |
| ARKW | KIND | NEXTDOOR | 438,781 |
| ARKW | NET | CLOUDFLARE | 5,531 |
| ARKW | SE | SEA | 93,630 |
| ARKW | VCYT | VERACYTE | 43,772 |
| ARKX | AVAV | AEROVIRONMENT | 6,882 |
| ARKX | MKFG | MARKFORGED | 78,532 |
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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