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:
|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|
|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|
|ARKW||CND||CONCORD ACQUISITION CORP||468,289|
|ARKW||KVSB||KHOSLA VENTURES ACQUISITION CO II||793,065|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and non-voting shareholder of 24/7 Wall St.