Investing
Cathie Wood's ARK Invest Buys Over 725,000 Shares of Twitter
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A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 725,000 shares of Twitter Inc. (NYSE: TWTR) shares altogether on Monday, as the prices of these ETFs were up around 3% in Monday’s session. These funds are up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 727,315 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 4,460 shares. At Monday’s closing price this would have valued this purchase at roughly $41.8 million. This is only a small fraction of the total holdings. ARKK is up 76% over the past 52 weeks and ARKW is up 84%.
Check out all of ARK Invest’s buys for Friday:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKF | Buy | DKNG | DRAFTKINGS INC | 130,400 |
| ARKF | Buy | KSPILI | KASPI.KZ JSC | 4,335 |
| ARKG | Buy | SURF | SURFACE ONCOLOGY INC | 64,459 |
| ARKG | Buy | SGFY | SIGNIFY HEALTH INC | 24,793 |
| ARKG | Buy | RPTX | REPARE THERAPEUTICS INC | 14,705 |
| ARKG | Buy | MASS | 908 DEVICES INC | 12,436 |
| ARKG | Buy | BLI | BERKELEY LIGHTS INC | 15,000 |
| ARKG | Buy | DRNA | DICERNA PHARMACEUTICALS INC | 70,635 |
| ARKG | Buy | CMIIU | CM LIFE SCIENCES II INC | 10,159 |
| ARKG | Buy | CDXS | CODEXIS INC | 51,195 |
| ARKK | Buy | CRSP | CRISPR THERAPEUTICS AG | 34,227 |
| ARKK | Buy | TWTR | TWITTER INC | 727,315 |
| ARKQ | Buy | IRDM | IRIDIUM COMMUNICATIONS INC | 48,400 |
| ARKQ | Buy | ACIC | ATLAS CREST INVESTMENT CORP | 279,732 |
| ARKW | Buy | TWTR | TWITTER INC | 4,460 |
| ARKW | Buy | GBTC | GRAYSCALE BITCOIN TRUST BTC | 516,001 |
| ARKW | Buy | VUZI | VUZIX CORP | 2,634 |
| ARKX | Buy | U | UNITY SOFTWARE INC | 10,672 |
| ARKX | Buy | BLDE | BLADE AIR MOBILITY INC | 118,075 |
| ARKX | Buy | NFLX | NETFLIX INC | 2,453 |
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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