One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought over 280,000 shares of Quantum-Si Inc. (NASDAQ: QSI), as the price of this ETF lost over 2% on the day. Note that this fund is up significantly in the past year.
Specifically, ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 281,276 shares of Quantum-Si. At Tuesday’s closing price, this would have valued this purchase at roughly $3.3 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 60% in the past year.
Here’s a look at the other purchases across the ARK ETFs:
|ARKQ||KTOS||Kratos Defense & Security Solutions||103,262|
|ARKW||KVSB||Khosla Ventures Acquisition II||475,422|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and non-voting shareholder of 24/7 Wall St.