Investing

Cathie Wood’s ARK Invest Buys Over 180,000 Shares of Etsy

One of Cathie Wood's ARK Invest funds bought over 180,000 shares of Etsy on June 14.

By Chris Lange
Published June 15, 2021, 9:05am ET · 1 min read

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A lively scene on the Nasdaq trading floor shows a diverse group of people, many smiling and clapping, as colorful confetti falls. The Nasdaq logo is visible on a white stand in the foreground, and a large orange screen with bright yellow-green stylized letters, possibly a company ticker, glows in the background.
A moment of jubilation on the Nasdaq floor, illustrating the dynamic and often celebratory atmosphere surrounding market events that ETFs like JEPQ operate within. © Spencer Platt / Getty Images News via Getty Images

One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge purchase on Monday. This fund bought over 180,000 shares of Etsy Inc. (NASDAQ: ETSY | ETSY Price Prediction), as the price of this ETF gained around 1.6% on Monday. Note that this ETF is still up handily in the past year.

It was ARK Next Generation Internet ETF (NYSEARCA: ARKW) that bought 183,172 Etsy shares. At Monday’s closing price, this would have valued this purchase at $31.2 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 88% in the past year.

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

Fund Ticker Company Shares
ARKF BEKE KE HOLDINGS INC 156,460
ARKF JD JD.COM INC 47,000
ARKF KSPILI KASPI.KZ JSC 1,703
ARKF PATH UIPATH INC 135,186
ARKG CMIIU CM LIFE SCIENCES II INC 30,800
ARKG SEER SEER INC 18,113
ARKG RPTX REPARE THERAPEUTICS INC 33
ARKQ PATH UIPATH INC 22,600
ARKQ KTOS KRATOS DEFENSE & SECURITY SOLUTIONS INC 12,849
ARKQ IRDM IRIDIUM COMMUNICATIONS INC 11,693
ARKW ETSY ETSY INC 183,172
ARKX BLDE BLADE AIR MOBILITY INC 31,084
ARKX PATH UIPATH INC 53,758
ARKX U UNITY SOFTWARE INC 21,105


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.

Contact [email protected] for any questions or corrections.

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Chris Lange

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.

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