Investing
Cathie Wood’s ARK Invest Buys Over 220,000 Shares of Trimble
June 26, 2021 12:07 am
One ARK exchange-traded fund run by ETF star Cathie Wood bought over 220,000 shares of Trimble Inc. (NASDAQ: TRMB) shares on Friday, as the price of this ETF gained about 0.2% in Friday’s session. This ETF is up significantly in the last year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 222,701 shares of Trimble. At Friday’s closing price this purchase would be valued at roughly $18.0 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 81% in the past year.
Here’s a look at the other trades across the ARK ETFs:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKG | Buy | IONS | IONIS PHARMACEUTICALS INC | 112,462 |
| ARKG | Buy | PATH | UIPATH INC | 136,859 |
| ARKG | Buy | QSI | QUANTUM-SI INC | 127,754 |
| ARKG | Sell | PSTI | PLURISTEM THERAPEUTICS INC | 95,001 |
| ARKK | Buy | PATH | UIPATH INC | 83,349 |
| ARKK | Buy | TRMB | TRIMBLE INC | 222,701 |
| ARKQ | Sell | GLEO | GALILEO ACQUISITION CORP | 818 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Editors' Picks
