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.
[in-text-ad]
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.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.