Cathie Wood’s ARK Invest Buys Nearly 800,000 Shares of Khosla Ventures
One of Cathie Wood's Ark Invest funds bought nearly 800,000 shares of Khosla Ventures on July 15.
One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought nearly 800,000 shares of Khosla Ventures Acquisition Co. (NASDAQ: KVSB), as the price of this ETF lost 1.5% on the day. Note that this fund is up significantly in the past year.
Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 793,065 shares of Khosla Ventures. At Thursday’s closing price, this would have valued this purchase at roughly $8.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 51% in the past year.
Here’s a look at the other purchases across the ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | RPTX | REPARE THERAPEUTICS INC | 39,887 |
| ARKG | VERV | VERVE THERAPEUTICS INC | 60,256 |
| ARKG | FATE | FATE THERAPEUTICS INC | 152,712 |
| ARKG | SGFY | SIGNIFY HEALTH INC | 36,732 |
| ARKG | QSI | QUANTUM-SI INC | 347,305 |
| ARKK | COIN | COINBASE GLOBAL INC | 69,172 |
| ARKK | EXAS | EXACT SCIENCES CORP | 224,559 |
| ARKK | U | UNITY SOFTWARE INC | 354,919 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 91,585 |
| ARKQ | MKFG | MARKFORGED HOLDING CORP | 3,523 |
| ARKQ | PATH | UIPATH INC | 47,349 |
| ARKW | CND | CONCORD ACQUISITION CORP | 468,289 |
| ARKW | KVSB | KHOSLA VENTURES ACQUISITION CO II | 793,065 |
| ARKW | PATH | UIPATH INC | 95,058 |
| ARKX | PATH | UIPATH INC | 9,612 |
[nativounit]
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and non-voting shareholder of 24/7 Wall St.
[recirclink id=914299][wallst_email_signup]
Contact [email protected] for any questions or corrections.
Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
