One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Monday. The fund bought over 460,000 shares of Quantum-Si Inc. (NASDAQ: QSI), as the price of this ETF gained about 3% on the day. Note that this fund is up significantly in the past year.
Specifically, ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 469,535 shares of Quantum-Si. At Monday’s closing price, this would have valued this purchase at roughly $5.8 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 85% in the past year.
Here’s a look at the other purchases across the ARK ETFs:
|ARKQ||KTOS||Kratos Defense & Security Solutions||62,520|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.