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 |
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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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Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
