Cathie Wood’s ARK Invest Buys Nearly $10 Million Worth of Disney Stock
One of Cathie Wood's ARK Invest exchange-traded funds bought over 50,000 shares of Disney on September 16.
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One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 50,000 shares of Walt Disney Co. (NYSE: DIS | DIS Price Prediction) on Thursday, as the price of this ETF was down over 0.5% in the day’s session. However, the fund is still up a fair amount in the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 51,787 shares of Disney. At Thursday’s closing price, this would have valued this purchase at roughly $9.5 million. This is only a small fraction of the total holdings. The ETF is up 44% over the past 52 weeks.
Check out all of ARK Invest’s buys for Thursday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | HOOD | ROBINHOOD MARKETS | 325,289 |
| ARKG | PSNL | PERSONALIS | 30,067 |
| ARKG | BLI | BERKELEY LIGHTS | 178,950 |
| ARKK | NVTA | INVITAE | 213,501 |
| ARKK | PD | PAGERDUTY | 68,750 |
| ARKK | BLI | BERKELEY LIGHTS | 479,000 |
| ARKK | BEAM | BEAM THERAPEUTICS | 15,372 |
| ARKK | PATH | UIPATH | 384,458 |
| ARKQ | PRLB | PROTO LABS | 168,937 |
| ARKQ | NNDM | NANO DIMENSION | 382,931 |
| ARKQ | NIU | NIU TECHNOLOGIES | 152,431 |
| ARKQ | MKFG | MARKFORGED | 170,566 |
| ARKW | VUZI | VUZIX | 34,305 |
| ARKW | SE | SEA | 8,100 |
| ARKW | HOOD | ROBINHOOD MARKETS | 25,322 |
| ARKW | DIS | WALT DISNEY | 51,787 |
| ARKX | BLDE | BLADE AIR MOBILITY | 4,102 |
| ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 81,952 |
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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.
