Cathie Wood’s ARK Invest Buys Over 940,000 Shares of This Augmented Reality Firm
On August 10, a couple of Cathie Wood's ARK Invest funds bought over 940,000 shares of Vuzix, a biotech-focused special purpose acquisition company.
A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 940,000 shares of Vuzix Corp. (NASDAQ: VUZI) on Tuesday, as the share price of these funds were relatively flat in the day’s session. Their share prices have greatly improved over the past year, though.
Specifically, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 262,826 shares of Vuzix and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 683,346 shares. At Tuesday’s closing prices, this would have valued these purchases at roughly $12 million. This is only a small fraction of the total holdings. Both funds are up 55% or so over the past 52 weeks.
Here is a quick look at all the purchases made by ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | DKNG | DRAFTKINGS INC | 35,900 |
| ARKF | ETSY | ETSY INC | 8,800 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES CORP | 268,463 |
| ARKG | BEAM | BEAM THERAPEUTICS INC | 48,616 |
| ARKG | SMFR | SEMA4 HOLDINGS CORP | 201,832 |
| ARKG | SGFY | SIGNIFY HEALTH INC | 308,074 |
| ARKG | PATH | UIPATH INC | 176,152 |
| ARKK | SRNG | SOARING EAGLE ACQUISITION CORP | 1,953,160 |
| ARKK | TSP | TUSIMPLE HOLDINGS INC | 690,523 |
| ARKK | FATE | FATE THERAPEUTICS INC | 21,200 |
| ARKK | Z | ZILLOW GROUP INC | 340,891 |
| ARKQ | VUZI | VUZIX CORP | 262,826 |
| ARKQ | TSP | TUSIMPLE HOLDINGS INC | 220,111 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION CORP | 24,119 |
| ARKQ | PATH | UIPATH INC | 56,835 |
| ARKQ | MKFG | MARKFORGED HOLDING CORP | 64,168 |
| ARKW | Z | ZILLOW GROUP INC | 102,648 |
| ARKW | VUZI | VUZIX CORP | 683,346 |
| ARKW | LPSN | LIVEPERSON INC | 140,919 |
| ARKX | BLDE | BLADE AIR MOBILITY | 156,637 |
| ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 61,817 |
| ARKX | MKFG | MARKFORGED HOLDING CORP | 255,800 |
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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 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.
