Cathie Wood’s ARK Invest Buys Over 800,000 Shares of Signify Health
One of Cathie Wood's Ark Invest funds bought over 800,000 shares of Signify Health on May 21.
One of the ARK exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Friday. This fund bought over 800,000 shares of Signify Health, Inc. (NYSE: SGFY) shares on Friday, as the price of this ETF dropped around 0.5% on Friday. Note that this ETF is still up handily in the last year.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 832,666 shares of Signify Health. At Friday’s closing price this would have valued this purchase at $21.9 million. Even though this is a small fraction of the total holdings, every little bit counts. ARKG is up 64% in the last year.
Check out all of ARK Invest’s buys for Friday:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKF | Buy | KSPILI | KASPI.KZ JSC | 1,867 |
| ARKG | Buy | SGFY | SIGNIFY HEALTH INC | 832,666 |
| ARKG | Buy | RPTX | REPARE THERAPEUTICS INC | 106,600 |
| ARKG | Buy | MASS | 908 DEVICES INC | 14,002 |
| ARKG | Buy | IOVA | IOVANCE BIOTHERAPEUTICS INC | 87,910 |
| ARKG | Buy | CMIIU | CM LIFE SCIENCES II INC | 1,700 |
| ARKG | Buy | CDXS | CODEXIS INC | 44,154 |
| ARKK | Buy | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA INC | 5,000 |
| ARKK | Buy | IOVA | IOVANCE BIOTHERAPEUTICS INC | 123,804 |
| ARKK | Buy | EXAS | EXACT SCIENCES CORP | 5,230 |
| ARKK | Buy | CRSP | CRISPR THERAPEUTICS AG | 8,000 |
| ARKK | Buy | COIN | COINBASE GLOBAL INC | 174,844 |
| ARKQ | Buy | ACIC | ATLAS CREST INVESTMENT CORP | 51,420 |
| ARKW | Buy | COIN | COINBASE GLOBAL INC | 48,337 |
| ARKX | Buy | BLDE | BLADE AIR MOBILITY INC | 91,000 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
