Cathie Wood’s ARK Invest Buys Over 1.1 Million Shares of Opendoor Technologies
One of Cathie Wood's ARK Invest funds bought over 1.1 million shares of Opendoor Technologies on July 27.
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 1.1 million shares of Opendoor Technologies Inc. (NASDAQ: OPEN) on Tuesday, as the share price of this fund traded down over 2% in the day’s session. The fund’s share price has greatly improved over the past year.
Specifically, ARK Fintech Innovation ETF (NYSEARCA: ARKW) bought 1,104,611 shares of Opendoor Technologies. At Tuesday’s closing price, this would have valued this purchase at roughly $15.8 million. This is only a small fraction of the total holdings. This fund is up 46% over the past 52 weeks.
Here is a quick look at all the purchases made by ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | Z | ZILLOW | 89,140 |
| ARKF | SHOP | SHOPIFY | 6,000 |
| ARKF | TDOC | TELADOC HEALTH | 89,815 |
| ARKF | PATH | UIPATH | 340,424 |
| ARKF | OPEN | OPENDOOR TECHNOLOGIES | 1,104,611 |
| ARKF | MELI | MERCADOLIBRE | 5,900 |
| ARKF | FTCH | FARFETCH | 330,399 |
| ARKF | STNE | STONECO | 279,180 |
| ARKG | QSI | QUANTUM-SI | 407,400 |
| ARKG | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 466,891 |
| ARKG | SGFY | SIGNIFY HEALTH | 226,500 |
| ARKG | IONS | IONIS PHARMACEUTICALS | 88,993 |
| ARKG | FATE | FATE THERAPEUTICS | 45,936 |
| ARKG | VERV | VERVE THERAPEUTICS | 42,819 |
| ARKG | ACCD | ACCOLADE | 118,300 |
| ARKG | RPTX | REPARE THERAPEUTICS | 17,286 |
| ARKK | FATE | FATE THERAPEUTICS | 96,037 |
| ARKQ | U | UNITY SOFTWARE | 94,918 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 281,457 |
| ARKQ | TSP | TUSIMPLE | 405,333 |
| ARKQ | IRDM | IRIDIUM COMMUNICATIONS | 36,613 |
| ARKW | Z | ZILLOW | 167,540 |
| ARKW | VUZI | VUZIX | 213,442 |
| ARKW | U | UNITY SOFTWARE | 222,300 |
| ARKW | TDOC | TELADOC HEALTH | 89,288 |
| ARKW | RBLX | ROBLOX | 151,161 |
| ARKW | KVSB | KHOSLA VENTURES ACQUISITION II | 200,998 |
| ARKW | COIN | COINBASE GLOBAL | 73,079 |
| ARKW | DKNG | DRAFTKINGS | 232,372 |
| ARKW | ETSY | ETSY | 48,071 |
| ARKX | AVAV | AEROVIRONMENT | 14,562 |
| ARKX | MKFG | MARKFORGED | 71,488 |
| ARKX | U | UNITY SOFTWARE | 87,129 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
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.
