One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought over 800,000 shares of Quantum-Si Inc. (NASDAQ: QSI), as the price of this ETF lost over 1% on the day. Note that this fund is up significantly in the past year.
Specifically, ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 804,500 shares of Quantum-Si. At Thursday’s closing price, this would have valued this purchase at roughly $9.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 52% in the past year.
Here’s a look at the day’s other purchases across the ARK Invest ETFs:
|ARKK||PACB||Pacific Biosciences of California||516,093|
|ARKK||ZM||Zoom Video Communications||16,187|
|ARKQ||BLDE||Blade Air Mobility||189,651|
|ARKW||ZM||Zoom Video Communications||16,620|
|ARKW||KVSB||Khosla Ventures Acquisition II||351,458|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.