One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge purchase on Tuesday. Specifically, this fund bought over 550,000 shares of Genius Sports Ltd. (NYSE: GENI), as the price of this fund was down over 1% on the day. Note that this ETF is up a fair amount in the past year.
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ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 553,981 shares. At Tuesday’s closing price, this would have valued this purchase at roughly $10.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 45% in the past year.
Check out all of ARK Invest’s purchases for Tuesday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | PATH | UIPATH | 115,695 |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 143,500 |
| ARKG | ALLO | ALLOGENE THERAPEUTICS | 116,133 |
| ARKG | CDNA | CAREDX | 102,176 |
| ARKG | EXAS | EXACT SCIENCES | 23,795 |
| ARKK | Z | ZILLOW | 288,813 |
| ARKK | TWOU | 2U INC | 71,000 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 125,658 |
| ARKK | DKNG | DRAFTKINGS | 515,832 |
| ARKK | BEAM | BEAM THERAPEUTICS | 1,442 |
| ARKQ | TWOU | 2U | 8,800 |
| ARKQ | PATH | UIPATH | 29,846 |
| ARKQ | NIU | NIU TECHNOLOGIES | 49,337 |
| ARKQ | MKFG | MARKFORGED | 5,511 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 119,609 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 13,340 |
| ARKW | DKNG | DRAFTKINGS | 231,028 |
| ARKW | GENI | GENIUS SPORTS | 553,981 |
| ARKW | HOOD | ROBINHOOD MARKETS | 405,757 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 9,281 |
| ARKW | TWOU | 2U | 18,200 |
| ARKX | 2618HK | JD LOGISTICS | 699,500 |
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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