Cathie Wood’s ARK Invest Buys Over 150,000 Shares of Disney
One of Cathie Wood's Ark Invest funds bought over 150,000 shares of Disney on May 14.
One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Friday. Specifically, this fund bought over 150,000 shares of The Walt Disney Co. (NYSE: DIS | DIS Price Prediction), as the price of this fund gained about 3% on the day. Note that this fund is up a fair amount in the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) purchased 150,556 shares of Disney. At Friday’s closing price, this would have valued this purchase at roughly $26.2 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 86% in the past year.
Check out all of ARK Invest’s buys for Friday:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKF | Buy | PATH | UIPATH INC | 48,037 |
| ARKF | Buy | TWLO | TWILIO INC | 12,138 |
| ARKG | Buy | MASS | 908 DEVICES INC | 27,838 |
| ARKG | Buy | RPTX | REPARE THERAPEUTICS INC | 2,713 |
| ARKG | Buy | RXRX | RECURSION PHARMACEUTICALS INC | 69,020 |
| ARKG | Buy | SGFY | SIGNIFY HEALTH INC | 202,015 |
| ARKG | Buy | IONS | IONIS PHARMACEUTICALS INC | 159,649 |
| ARKG | Buy | EXAS | EXACT SCIENCES CORP | 18,300 |
| ARKG | Buy | CMIIU | CM LIFE SCIENCES II INC | 2,179 |
| ARKG | Buy | CDXS | CODEXIS INC | 27,900 |
| ARKG | Buy | BLI | BERKELEY LIGHTS INC | 75,937 |
| ARKG | Buy | ACCD | ACCOLADE INC | 1,415 |
| ARKG | Buy | SURF | SURFACE ONCOLOGY INC | 1,302 |
| ARKK | Buy | ZM | ZOOM VIDEO COMMUNICATIONS INC | 6,432 |
| ARKK | Buy | U | UNITY SOFTWARE INC | 22,735 |
| ARKK | Buy | TSP | TUSIMPLE HOLDINGS INC | 75,990 |
| ARKK | Buy | PLTR | PALANTIR TECHNOLOGIES INC | 71,866 |
| ARKK | Buy | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA INC | 25,469 |
| ARKK | Buy | CRSP | CRISPR THERAPEUTICS AG | 20,000 |
| ARKK | Buy | COIN | COINBASE GLOBAL INC | 80,412 |
| ARKW | Buy | DIS | WALT DISNEY CO/THE | 150,556 |
| ARKX | Buy | IRDM | IRIDIUM COMMUNICATIONS INC | 8,518 |
| ARKX | Buy | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 26,211 |
Catherine Wood, the CEO and CIO of ARK Investment Management LLC is a minority and non-voting shareholder of 24/7 Wall St. LLC, owner of 247wallst.com.
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Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
