Investing
Cathie Wood's ARK Invest Buys Nearly 320,000 Shares of This SPAC
Published:
A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 320,000 shares of Jaws Spitfire Acquisition Corp. (NYSE: SPFR) all together on Friday, as the price of these funds were down around 1% in the day’s session. However, one of them is up a fair amount in the past year.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) added 198,528 shares of Jaws Spitfire, and ARK Space Exploration & Innovation (NYSEARCA: ARKX) bought 119,954 shares. At Friday’s closing price, this would have valued these purchases at roughly $3.2 million. This is only a small fraction of the total holdings. The robotics ETF is up about 47% over the past 52 weeks, and the other is up 2% since it came public.
Check out all the ARK Invest buys for Friday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | DSYSJ | DISCOVERY | 275,478 |
| ARKG | RPTX | REPARE THERAPEUTICS | 78,046 |
| ARKG | PSNL | PERSONALIS | 90,800 |
| ARKG | NVTA | INVITAE | 53,869 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 21,332 |
| ARKK | CRSP | CRISPR THERAPEUTICS | 17,000 |
| ARKK | VCYT | VERACYTE INC | 45,484 |
| ARKQ | SPFR | JAWS SPITFIRE ACQUISITION | 198,528 |
| ARKQ | MKFG | MARKFORGED | 174,225 |
| ARKQ | KMTUY | KOMATSU | 44,100 |
| ARKX | SPFR | JAWS SPITFIRE ACQUISITION | 119,954 |
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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