Cathie Wood’s ARK Invest Buys Roughly 1.4 Million Shares of UiPath
A few of Cathie Wood's Ark Invest funds bought nearly 1.4 million shares of UiPath on September 8.
A few of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Wednesday. Altogether, these funds bought nearly 1.4 million shares of UiPath Inc. (NYSE: PATH | PATH Price Prediction), as the price of these ETFs lost around 2% on the day. Note that these funds are still up handily in the past year.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 297,454 shares of the robotics firm, ARK Innovation ETF (NYSEARCA: ARKK) bought 786,506 shares, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 101,169 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 197,838 shares. At Wednesday’s closing prices, this would have valued these purchases at roughly $78.1 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. Each of these funds is up around 50% in the past 52 weeks.
Check out all the ARK Invest purchases for Wednesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | Z | ZILLOW | 39,898 |
| ARKF | STNE | STONECO | 175,969 |
| ARKF | DSYSJ | DISCOVERY | 165,619 |
| ARKF | ETSY | ETSY | 42,562 |
| ARKF | FTCH | FARFETCH | 182,538 |
| ARKF | JD | JD.COM | 32,399 |
| ARKG | PATH | UIPATH | 297,454 |
| ARKG | RPTX | REPARE THERAPEUTICS | 10,357 |
| ARKG | FATE | FATE THERAPEUTICS | 55,010 |
| ARKG | SLGC | SOMALOGIC | 270,100 |
| ARKG | VCYT | VERACYTE | 52,802 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 63,924 |
| ARKG | PSNL | PERSONALIS | 94,993 |
| ARKK | PD | PAGERDUTY | 55,058 |
| ARKK | PATH | UIPATH | 786,506 |
| ARKK | NVTA | INVITAE | 616,413 |
| ARKK | FATE | FATE THERAPEUTICS | 74,729 |
| ARKQ | DE | DEERE | 37,991 |
| ARKQ | KMTUY | KOMATSU | 96,118 |
| ARKQ | MKFG | MARKFORGED | 357,400 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION | 10,910 |
| ARKQ | PATH | UIPATH | 101,169 |
| ARKW | SPLK | SPLUNK | 43,650 |
| ARKW | ROKU | ROKU | 40,200 |
| ARKW | PATH | UIPATH | 197,838 |
| ARKW | KVSB | KHOSLA VENTURES ACQUISITION II | 117,982 |
| ARKX | HEI | HEICO | 4,524 |
| ARKX | BLDE | BLADE AIR MOBILITY | 38,045 |
| ARKX | AVAV | AEROVIRONMENT | 1,076 |
| ARKX | 6301JP | KOMATSU | 83,200 |
| ARKX | MKFG | MARKFORGED | 243,264 |
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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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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.
