Cathie Wood’s ARK Invest Buys Nearly 20,000 Shares of Disney

One of Cathie Wood's ARK Invest funds bought nearly 20,000 shares of Disney on September 14.

Published September 14, 2021, 8:35am ET · 1 min read

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A person's hand holds a black remote control, pointing it towards a mounted flat-screen television. The TV screen displays a blue background with the large white Disney+ logo at the top and a row of app icons below, including Spotify, Disney+, Netflix, DAZN, and TSN. Below the TV, a small black streaming device with a blue indicator light rests on a white surface. A window with white horizontal blinds is visible on the left side of the image.
A remote control points to a television screen displaying various streaming service icons, including Netflix and Disney+. This image captures the competitive landscape of digital entertainment, a key factor in the Netflix versus Comcast stock debate. © Marvin Samuel Tolentino Pineda / iStock Editorial via Getty Images

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 20,000 shares of Walt Disney Co. (NYSE: DIS | DIS Price Prediction) on Monday, as the price of this ETF was down over 1.5% in Monday’s session. However, the fund is still up a fair amount in the past year.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 19,300 shares of Disney. At Monday’s closing price, this would have valued this purchase at roughly $3.6 million. This is only a small fraction of the total holdings. The ETFis up 49% over the past 52 weeks.

Check out all of ARK Invest’s buys for Monday:

Fund Ticker Name Shares
ARKF COIN COINBASE GLOBAL 44,521
ARKF DSYSJ DISCOVERY 228,376
ARKF WDAY WORKDAY 59,794
ARKG PSNL PERSONALIS 93,212
ARKG CRSP CRISPR THERAPEUTICS 9,000
ARKG SLGC SOMALOGIC 338,363
ARKG BLI BERKELEY LIGHTS 138,100
ARKG ONEM 1LIFE HEALTHCARE 367,810
ARKK NVTA INVITAE 480,982
ARKK SGFY SIGNIFY HEALTH 250,366
ARKK VCYT VERACYTE 75,815
ARKK PD PAGERDUTY 137,577
ARKQ MKFG MARKFORGED 96,888
ARKQ KMTUY KOMATSU 25,000
ARKW PD PAGERDUTY 15,000
ARKW KVSB KHOSLA VENTURES ACQUISITION II 373,612
ARKW HOOD ROBINHOOD MARKETS 153,075
ARKW DIS WALT DISNEY 19,300
ARKW COIN COINBASE GLOBAL 57,302
ARKW CND CONCORD ACQUISITION 50,000
ARKW ZM ZOOM VIDEO COMMUNICATIONS 47,549

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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

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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