Cathie Wood’s ARK Invest Buys Over $44 Million Worth of Roku Shares
A couple of Cathie Wood's ARK Invest funds bought over $44 million worth of Roku shares on September 3.
A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Friday. The fund bought over 125,000 shares of Roku Inc. (NASDAQ: ROKU | ROKU Price Prediction) altogether, as the price of these ETFs were relatively flat on the day. Note that these funds are up significantly in the past year.
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) bought 103,098 shares of Roku and ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) bought 25,766 shares. At Friday’s closing prices, this would have valued these purchases at roughly $44.1 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. Both ETFs are up more than 35% in the past year.
Here is a look at the other purchases across the ARK ETFs:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | JD | JD.COM | 59,000 |
| ARKF | Z | ZILLOW | 42,753 |
| ARKF | DSYSJ | DISCOVERY | 247,040 |
| ARKG | RPTX | REPARE THERAPEUTICS | 43,769 |
| ARKG | PSNL | PERSONALIS | 11,524 |
| ARKG | PFE | PFIZER | 84,604 |
| ARKG | NVTA | INVITAE | 19,564 |
| ARKG | FATE | FATE THERAPEUTICS | 74,850 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 2,133 |
| ARKK | ROKU | ROKU | 103,098 |
| ARKK | FATE | FATE THERAPEUTICS | 162,959 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 80,348 |
| ARKQ | KMTUY | KOMATSU | 87,300 |
| ARKQ | NIU | NIU TECHNOLOGIES | 4,712 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION | 12,216 |
| ARKW | GENI | GENIUS SPORTS | 71,798 |
| ARKW | ROKU | ROKU | 25,766 |
| ARKX | BLDE | BLADE AIR MOBILITY | 174,733 |
| ARKX | MKFG | MARKFORGED | 73,520 |
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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., owner of 247wallst.com.
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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.
