Cathie Wood’s ARK Invest Buys Over $63 Million Worth of Meta Shares
One of Cathie Wood's ARK Invest funds bought nearly 200,000 shares of Facebook (now known as Meta Platforms) on October 29.
One ARK exchange-traded fund run by ETF star Cathie Wood bought nearly 200,000 shares of Meta Platforms Inc. (NASDAQ: FB), formerly known as Facebook, on Friday, as the price of this ETF gained less than 1% in Friday’s session. The fund is up significantly in the past year.
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ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 197,259 shares of Meta. At Friday’s closing price, this would have valued this sale at roughly $63.8 million. This is only a small fraction of the total holdings. The fund is up 36% over the past 52 weeks.
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Here are all the other ARK Invest purchases for Friday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | KSPILI | KASPI.KZ | 2,182 |
| ARKG | BEAM | BEAM THERAPEUTICS | 10,117 |
| ARKG | CDNA | CAREDX | 326,371 |
| ARKG | EXAS | EXACT SCIENCES | 63,127 |
| ARKG | VERV | VERVE THERAPEUTICS | 74,000 |
| ARKG | TDOC | TELADOC HEALTH | 60,632 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 34,200 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 119,183 |
| ARKQ | MKFG | MARKFORGED | 76,612 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 43,026 |
| ARKQ | ACHR | ARCHER AVIATION | 591,618 |
| ARKW | FB | 197,259 |
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 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.
