Investing
Cathie Wood's Ark Invest Buys Over 2.1 Million Shares of Skillz
Published:
One ARK exchange-traded fund run by ETF star Cathie Wood bought over 2 million shares of Skillz Inc. (NYSE: SKLZ) shares on Thursday, as the price of this ETF traded up less than 1% in the day’s session. The fund is up significantly in the past year.
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ARK Innovation ETF (NYSEARCA: ARKK) bought 2,112,856 shares of Skillz. At Thursday’s closing price, this would have valued this purchase at roughly $21.0 million. This is only a small fraction of the total holdings. The fund is up 24% over the past 52 weeks.
Here’s a look at all the other buys across ARK Invest funds:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | SLGC | SOMALOGIC | 225,026 |
| ARKG | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 17,860 |
| ARKG | VCYT | VERACYTE | 6,714 |
| ARKG | ARCT | ARCTURUS THERAPEUTICS | 4,790 |
| ARKG | SURF | SURFACE ONCOLOGY | 2,122 |
| ARKK | SKLZ | SKILLZ | 2,112,856 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 28,280 |
| ARKK | BEAM | BEAM THERAPEUTICS | 14,943 |
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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