One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought nearly 650,000 shares of Concord Acquisition Corp. (NYSE: CND), as the price of this ETF gained over 2% on the day. Note that this fund is up significantly in the past year.
Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 661,638 shares of Concord Acquisition. At Tuesday’s closing price, this would have valued this purchase at roughly $6.8 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 47% in the past year.
Here’s a look at the other purchases across the ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | COIN | Coinbase Global | 18,735 |
| ARKF | PATH | UiPath | 124,593 |
| ARKG | RPTX | Repare Therapeutics | 347,968 |
| ARKG | PACB | Pacific Biosciences of California | 354,388 |
| ARKG | IONS | Ionis Pharmaceuticals | 54,702 |
| ARKG | SGFY | Signify Health | 16,800 |
| ARKG | QSI | Quantum-Si | 212,468 |
| ARKG | VERV | Verve Therapeutics | 60,922 |
| ARKG | ACCD | Accolade | 3,103 |
| ARKG | VRTX | Vertx Pharmaceuticals | 108,261 |
| ARKK | COIN | Coinbase Global | 120,069 |
| ARKK | FATE | Fate Therapeutics | 36,661 |
| ARKQ | BLDE | Blade Air Mobility | 58,752 |
| ARKQ | MGA | Magna International | 19,248 |
| ARKQ | MKFG | Markforged | 187,193 |
| ARKQ | U | Unity Software | 83,796 |
| ARKW | PATH | UiPath | 86,935 |
| ARKW | KVSB | Khosla Ventures Acquisition II | 319,300 |
| ARKW | GBTC | Grayscale Bitcoin Trust | 140,157 |
| ARKW | CND | Concord Acquisition | 661,638 |
| ARKX | 2618HK | JD Logistics | 812,800 |
| ARKX | AVAV | Aerovironment | 8,887 |
| ARKX | U | Unity Software | 18,500 |
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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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