One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Wednesday. The fund bought nearly 700,000 shares of Quantum-SI Inc. (NASDAQ: QSI), as the price of this ETF gained about 2.5% on the day. Note that this fund is still up significantly in the past year.
Specifically, ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 688,036 shares of Quantum-Si. At Wednesday’s closing price, this would have valued this purchase at roughly $5.6 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.
Here’s a look at the other buys across the ARK ETFs:
|ARKG||CMIIU||CM LIFE SCIENCES II INC||556,195|
|ARKG||CRSP||CRISPR THERAPEUTICS AG||5,400|
|ARKQ||BLDE||BLADE AIR MOBILITY INC||149,784|
|ARKQ||IRDM||IRIDIUM COMMUNICATIONS INC||1,478|
|ARKQ||KTOS||KRATOS DEFENSE & SECURITY SOLUTIONS INC||23,051|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.