Investing
Cathie Wood's ARK Invest Buys Over 1.2 Million Shares of Twitter
July 26, 2021 7:55 am
A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 1.2 million shares of Twitter Inc. (NYSE: TWTR) altogether on Friday, as the prices of these ETFs were up around 1% in Friday’s session. These funds are up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 982,205 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 255,851 shares. At Friday’s closing price, this would have valued these purchases at roughly $88.8 million. This is only a small fraction of the total holdings. ARKK is up 55% over the past 52 weeks and ARKW is 57% higher.
Check out all of ARK Invest’s buys for Friday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | QSI | Quantum-Si | 294,054 |
| ARKG | ACCD | Accolade | 30,734 |
| ARKG | VERV | Verve Therapeutics | 88,576 |
| ARKG | SGFY | Signify Health | 198,270 |
| ARKG | RPTX | Repare Therapeutics | 107,914 |
| ARKG | IONS | Ionis Pharmaceuticals | 58,244 |
| ARKK | U | Unity Software | 23,749 |
| ARKK | TWTR | 982,205 | |
| ARKK | PATH | UiPath | 80,566 |
| ARKK | PACB | Pacific Biosciences of California | 265,173 |
| ARKK | FATE | Fate Therapeutics | 74,121 |
| ARKQ | BLDE | Blade Air Mobility | 201,989 |
| ARKW | DKNG | DraftKings | 122,828 |
| ARKW | KVSB | Khosla Ventures Acquisition II | 89,500 |
| ARKW | TWTR | 255,581 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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