A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge buy on Wednesday. Specifically, these funds bought roughly $87 million worth of Ginkgo Bioworks Holdings Inc. (NYSE: DNA), as the prices of these funds were very mixed on Wednesday. Note though that they are up a fair amount in the past year.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 1,525,065 shares of Ginkgo, and ARK Innovation ETF (NYSEARCA: ARKK) bought 6,739,168 shares. At Wednesday’s closing prices, this would have valued the sales at roughly $87.5 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. The Genomic Revolution ETF is up less than 8% and the other is up 17% in the past year.
Check out all the ARK Invest purchases for Wednesday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | TDOC | TELADOC HEALTH | 41,819 |
| ARKG | SURF | SURFACE ONCOLOGY | 179,161 |
| ARKG | QSI | QUANTUM-SI | 120,419 |
| ARKG | SLGC | SOMALOGIC | 303,876 |
| ARKG | DYNS | DYNAMICS SPECIAL PURPOSE | 600 |
| ARKG | DNA | GINKGO BIOWORKS | 1,525,065 |
| ARKG | BEAM | BEAM THERAPEUTICS | 75,862 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 103,497 |
| ARKK | TWOU | 2U | 42,060 |
| ARKK | SSYS | STRATASYS | 77,800 |
| ARKK | SGFY | SIGNIFY HEALTH | 325,861 |
| ARKK | PATH | UIPATH | 580,632 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 57,511 |
| ARKK | BEAM | BEAM THERAPEUTICS | 17,763 |
| ARKK | DNA | GINKGO BIOWORKS | 6,739,168 |
| ARKQ | ACHR | ARCHER AVIATION | 58,153 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 148,623 |
| ARKQ | VLD | VELO3D | 106,782 |
| ARKQ | MKFG | MARKFORGED | 81,700 |
| ARKQ | NIU | NIU TECHNOLOGIES | 15,528 |
| ARKW | SQ | SQUARE | 13,256 |
| ARKW | TDOC | TELADOC HEALTH | 31,367 |
| ARKW | VUZI | VUZIX | 103,245 |
| ARKX | PRNT | 3D PRINTING ETF | 1,022 |
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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