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

Photo of Chris Lange
By Chris Lange Published
Cathie Wood’s ARK Invest Buys Over 180,000 Shares of Etsy

© 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

[nativounit]
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.
[recirclink id=895723][wallst_email_signup]

Photo of Chris Lange
About the Author Chris Lange →

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.

Continue Reading

Top Gaining Stocks

ENPH Vol: 7,973,984
CCL Vol: 39,809,386
UAL Vol: 6,982,125
DAL Vol: 8,791,134
NCLH Vol: 23,038,926

Top Losing Stocks

CTRA Vol: 73,319,495
HAS Vol: 3,658,535
TGT Vol: 15,134,467
ADI Vol: 6,872,336
CF Vol: 2,584,472