Cathie Wood’s ARK Invest Buys Over 390,000 Shares of DraftKings
One of Cathie Wood's Ark Invest exchange-traded funds bought over 390,000 shares of DraftKings on September 28.
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One of the ARK exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Tuesday. It added more than 390,000 shares of DraftKings Inc. (NASDAQ: DKNG | DKNG Price Prediction), as the price of this ETF lost around 4% on Tuesday. Note that this ETF is still up significantly in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 393,050 shares of DraftKings. At Tuesday’s closing price, this would have valued this purchase at roughly $19.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The ETF is up 24% in the past year.
Check out all of ARK Invest’s buys for Tuesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | BEAM | BEAM THERAPEUTICS | 27,345 |
| ARKG | VCYT | VERACYTE | 17,900 |
| ARKG | SURF | SURFACE ONCOLOGY | 29,144 |
| ARKG | SGFY | SIGNIFY HEALTH | 402,747 |
| ARKG | QSI | QUANTUM-SI | 398,229 |
| ARKG | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 80,479 |
| ARKG | NVTA | INVITAE | 17,180 |
| ARKG | MASS | 908 DEVICES | 8,500 |
| ARKG | CRSP | CRISPR THERAPEUTICS | 10,500 |
| ARKK | PD | PAGERDUTY | 266,548 |
| ARKK | ROKU | ROKU | 95,295 |
| ARKK | SGFY | SIGNIFY HEALTH | 390,775 |
| ARKK | SQ | SQUARE | 164,151 |
| ARKK | TWOU | 2U | 236,100 |
| ARKK | VCYT | VERACYTE | 20,221 |
| ARKK | Z | ZILLOW GROUP | 258,827 |
| ARKK | PATH | UIPATH | 337,091 |
| ARKK | DKNG | DRAFTKINGS | 393,050 |
| ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 112,471 |
| ARKK | HOOD | ROBINHOOD MARKETS | 197,942 |
| ARKK | EXAS | EXACT SCIENCES | 159,436 |
| ARKK | DNA | GINKGO BIOWORKS HOLDINGS | 327,400 |
| ARKK | COIN | COINBASE GLOBAL | 184,199 |
| ARKK | CRSP | CRISPR THERAPEUTICS | 30,000 |
| ARKQ | TRMB | TRIMBLE | 93,085 |
| ARKQ | PATH | UIPATH | 519,643 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 71,744 |
| ARKQ | DDD | 3D SYSTEMS | 178,457 |
| ARKQ | AVAV | AEROVIRONMENT | 36,738 |
| ARKQ | ACHR | ARCHER AVIATION | 81,980 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 29,548 |
| ARKW | VCYT | VERACYTE | 12,500 |
| ARKW | SQ | SQUARE | 41,556 |
| ARKW | LPSN | LIVEPERSON | 72,878 |
| ARKX | AVAV | AEROVIRONMENT | 5,412 |
| ARKX | PRNT | 3D PRINTING ETF | 17,685 |
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.
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.
