Cathie Wood’s ARK Invest Buys Over 110,000 Shares of Peloton

One of Cathie Wood's ARK Invest exchange-traded funds bought over 110,000 shares of Peloton on August 30.

Published August 31, 2021, 8:05am ET · 1 min read

The exterior of a Peloton retail store. Large, white, raised letters spell 'PELOTON' against a textured dark grey horizontal plank facade. Below the main sign, a smaller black rectangular sign with 'PELOTON' in white text hangs to the right. The large glass storefront windows reflect trees, sky, and buildings, and inside, partial text reads 'THE BEST CARDIO MACHINE ON THE PLANET' and 'MEN'S HEALTH'.
The exterior of a Peloton store, reflecting the company's brand presence as its stock rises following a strong Q3 profit turnaround and optimistic guidance. © Andrei Stanescu / iStock Editorial via Getty Images

One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 110,000 shares of Peloton Interactive Inc. (NASDAQ: PTON) on Monday, as the price of this fund was up less than 1% in the day’s session. The ETF is up a fair amount in the past year.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 115,515 shares of Peloton. At Monday’s closing price, this would have valued this purchase at roughly $11.7 million. This is only a small fraction of the total holdings. The fund is up 40% over the past 52 weeks.

Check out all the ARK Invest buys for Monday:

Fund Ticker Name Shares
ARKF JD JD.COM 39,600
ARKF PDD PINDUODUO 31,400
ARKF Z ZILLOW 1,424
ARKG RPTX REPARE THERAPEUTICS 816
ARKG QSI QUANTUM-SI 163,652
ARKG PSNL PERSONALIS 34,599
ARKG PFE PFIZER 91,400
ARKG NVTA INVITAE 113,734
ARKG DYNS DYNAMICS SPECIAL PURPOSE 240,000
ARKG ADPT ADAPTIVE BIOTECHNOLOGIES 20,540
ARKK VCYT VERACYTE 3,391
ARKK SGFY SIGNIFY HEALTH 418,845
ARKK FATE FATE THERAPEUTICS 89,825
ARKQ SPFR JAWS SPITFIRE ACQUISITION 2,100
ARKQ NNDM NANO DIMENSION 534,575
ARKQ NIU NIU TECHNOLOGIES 25,221
ARKQ MKFG MARKFORGED 231,575
ARKQ KTOS KRATOS DEFENSE & SECURITY SOLUTIONS 50,475
ARKQ KMTUY KOMATSU 12,100
ARKQ ACIC ATLAS CREST INVESTMENT 860,704
ARKQ DDD 3D SYSTEMS 138,600
ARKQ BLDE BLADE AIR MOBILITY 30,198
ARKW GENI GENIUS SPORTS 345,718
ARKW PTON PELOTON INTERACTIVE 115,515
ARKX PRNT 3D PRINTING ETF 10,710

[nativounit]
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

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.

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