Cathie Wood's ARK Invest Buys Nearly 1.2 Million Shares of DraftKings

Investing

Published: January 5, 2022 9:55 am

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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