Investing
Cathie Wood's ARK Invest Buys Over 430,000 Shares of Farfetch
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One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought over 430,000 shares of Farfetch Ltd. (NYSE: FTCH), as the price of this ETF was relatively flat on the day. Note that this fund is up significantly in the past year.
Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 432,835 shares of Farfetch. At Tuesday’s closing price, this would have valued this purchase at roughly $21.0 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 65% in the past year.
Here’s a look at the other purchases across the ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | DOCU | DocuSign | 68,084 |
| ARKF | PATH | UiPath | 16,043 |
| ARKG | SGFY | Signify Health | 171,555 |
| ARKG | RXRX | Recursion Pharmaceuticals | 44,863 |
| ARKG | RPTX | Repare Therapeutics | 6,505 |
| ARKG | QSI | Quantum-Si | 43,809 |
| ARKG | PATH | UiPath | 365,693 |
| ARKG | MASS | 908 Devices | 128,358 |
| ARKW | FTCH | Farfetch | 432,835 |
| ARKW | DIS | Walt Disney | 108,653 |
| ARKW | VUZI | Vuzix | 207,727 |
| ARKW | NFLX | Netflix | 34,561 |
| ARKX | AVAV | Aerovironment | 7,900 |
| ARKX | PATH | UiPath | 21,977 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
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