Investing

Cathie Wood’s ARK Invest Buys Over 1 Million Shares of Twitter

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 1 million shares of Twitter Inc. (NYSE: TWTR) shares altogether on Monday, as the price of these ETFs were down 1% in Monday’s session. These funds are up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 756,912 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 250,977 shares. At Monday’s closing price this would have valued this purchase at roughly $53.0 million. This is only a small fraction of the total holdings. ARKK is up 81% over the past 52 weeks and ARKW is up 82%.

Check out all of ARK Invest’s buys for Friday:

Fund Ticker Company Shares
ARKF SQ SQUARE INC 30,900
ARKF TWLO TWILIO INC 45,710
ARKF STNE STONECO LTD 108,900
ARKF COIN COINBASE GLOBAL INC 49,792
ARKG SGFY SIGNIFY HEALTH INC 80,316
ARKG RXRX RECURSION PHARMACEUTICALS INC 191,904
ARKG ONEM 1LIFE HEALTHCARE INC 30,693
ARKG MASS 908 DEVICES INC 161,405
ARKG IONS IONIS PHARMACEUTICALS INC 36,648
ARKG CSTL CASTLE BIOSCIENCES INC 10,904
ARKG CMIIU CM LIFE SCIENCES II INC 1,473
ARKG CDXS CODEXIS INC 21,617
ARKG ACCD ACCOLADE INC 207
ARKK ZM ZOOM VIDEO COMMUNICATIONS INC 1,600
ARKK TWTR TWITTER INC 756,912
ARKK TSP TUSIMPLE HOLDINGS INC 34,895
ARKK PLTR PALANTIR TECHNOLOGIES INC 737,283
ARKK PACB PACIFIC BIOSCIENCES OF CALIFORNIA INC 184,189
ARKK CRSP CRISPR THERAPEUTICS AG 33,763
ARKK COIN COINBASE GLOBAL INC 163,830
ARKQ PATH UIPATH INC 73,874
ARKQ NIU NIU TECHNOLOGIES 31,719
ARKQ ACIC ATLAS CREST INVESTMENT CORP 13,433
ARKW TWTR TWITTER INC 250,977
ARKW COIN COINBASE GLOBAL INC 46,275
ARKW DKNG DRAFTKINGS INC 146,969
ARKW TWLO TWILIO INC 42,304
ARKX BLDE BLADE AIR MOBILITY INC 22,044

Catherine Wood, the CEO and CIO of ARK Investment Management LLC is a minority and non-voting shareholder of 24/7 Wall St., owner of 247wallst.com.