Investing

Cathie Wood's ARK Invest Buys for 7/6

The S&P 500 and Dow Jones industrial average dipped to start out this truncated trading week, and most of the ARK ETF family of funds tracked much the same way. ARKW performed the best out of the group, practically flat on the day, while ARKG lagged the rest of the group, down about 1.5%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her ETFs to stand up to market headwinds.

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.

Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.

While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major Buys that ARK Invest executed on July 6, 2021. Also check out all the ARK Invest sells that took place today.

The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.2 billion. Here are some trades we would highlight in this fund: Buy 68,084 shares of DocuSign & Buy 16,043 shares.

ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. Some of the biggest holdings include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.6 billion. Here are some notable trades in this fund: Buy 171,555 shares of Signify Health, Buy 44,863 shares of Recursion Pharma, Buy 43,809 shares of Quantum-Si, & Buy 365,693 shares of UiPath.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $23.1 billion. Here are some notable trades in this fund: NO BUYS

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. More big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.3 billion. Here are a few of trades of note in this fund: NO BUYS

ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. There are some similar names in this fund as the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.6 billion. Here are a couple of notable trades in this fund: Buy 432,835 shares of Farfetch, Buy 108,653 shares of Disney, Buy 207,727 shares of Vuzix, & Buy 34,561 shares of Netflix.

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Trades worth noting in this fund: Buy 7,900 shares of Aerovironment & Buy 21,977 shares of UiPath.

Check out all the Buys here:

Fund Direction Ticker Company Shares
ARKF Buy DOCU DOCUSIGN INC 68,084
ARKF Buy PATH UIPATH INC 16,043
ARKG Buy SGFY SIGNIFY HEALTH INC 171,555
ARKG Buy RXRX RECURSION PHARMACEUTICALS INC 44,863
ARKG Buy RPTX REPARE THERAPEUTICS INC 6,505
ARKG Buy QSI QUANTUM-SI INC 43,809
ARKG Buy PATH UIPATH INC 365,693
ARKG Buy MASS 908 DEVICES INC 128,358
ARKW Buy FTCH FARFETCH LTD 432,835
ARKW Buy DIS WALT DISNEY CO/THE 108,653
ARKW Buy VUZI VUZIX CORP 207,727
ARKW Buy NFLX NETFLIX INC 34,561
ARKX Buy AVAV AEROVIRONMENT INC 7,900
ARKX Buy PATH UIPATH INC 21,977

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.