Investing
Cathie Wood’s ARK Invest Buys Over 1 Million Shares of Twitter
May 18, 2021 10:00 am
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.
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