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.
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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.
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