A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Monday. Specifically, these funds bought over 630,000 shares of Palantir Technologies Inc. (NASDAQ: PLTR) altogether, as the price of these ETFs were down on the day. Note that they are down a fair amount in the past year.
[in-text-ad]
ARK Innovation ETF (NYSEARCA: ARKK) bought 43,400 shares of Palantir and ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 591,571 shares. At Monday’s closing price, this would have valued these purchases at roughly $10.5 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation fund is down 38% in the past year and the other is down 13%.
Check out all of ARK Invest’s purchases for Monday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | COIN | COINBASE GLOBAL | 57,223 |
| ARKF | PATH | UIPATH | 242,567 |
| ARKF | TWLO | TWILIO | 41,304 |
| ARKF | SE | SEA | 49,913 |
| ARKF | HOOD | ROBINHOOD MARKETS | 298,961 |
| ARKF | DKNG | DRAFTKINGS | 176,579 |
| ARKF | TDOC | TELADOC HEALTH | 13,200 |
| ARKF | SQ | BLOCK | 6,600 |
| ARKG | EXAS | EXACT SCIENCES | 49,498 |
| ARKG | TDOC | TELADOC HEALTH | 31,800 |
| ARKG | NRIX | NURIX THERAPEUTICS | 61,324 |
| ARKG | BNR | BURNING ROCK BIOTECH | 54,800 |
| ARKG | DNA | GINKGO BIOWORKS | 50,000 |
| ARKG | NVTA | INVITAE | 21,900 |
| ARKG | QSI | QUANTUM-SI | 9,614 |
| ARKK | COIN | COINBASE GLOBAL | 86,295 |
| ARKK | TDOC | TELADOC HEALTH | 101,100 |
| ARKK | DNA | GINKGO BIOWORKS | 269,581 |
| ARKK | SQ | BLOCK | 11,910 |
| ARKK | NVTA | INVITAE | 69,400 |
| ARKK | PLTR | PALANTIR TECHNOLOGIES | 43,400 |
| ARKK | HOOD | ROBINHOOD MARKETS | 21,000 |
| ARKQ | PATH | UIPATH | 409,351 |
| ARKQ | TSP | TUSIMPLE | 401,538 |
| ARKQ | PLTR | PALANTIR TECHNOLOGIES | 591,571 |
| ARKQ | AVAV | AEROVIRONMENT | 18,583 |
| ARKQ | XPEV | XPENG | 14,859 |
| ARKQ | DDD | 3D SYSTEMS | 30,015 |
| ARKQ | SSYS | STRATASYS | 23,800 |
| ARKQ | MKFG | MARKFORGED | 47,455 |
| ARKW | TDOC | TELADOC HEALTH | 23,400 |
| ARKW | VUZI | VUZIX | 117,333 |
| ARKX | PATH | UIPATH | 28,137 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
24/7 Wall St.Worried About a Market Crash? 5 Dividend Sin Stocks to Buy Now That Always Have Demand
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
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.
Latest from 24/7
