A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Thursday. The fund bought nearly 290,000 shares of Roku Inc. (NASDAQ: ROKU) altogether, as the price of these ETFs gained lost less than 1% on the day. Note that these funds are up significantly in the past year.
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Specifically, ARK Innovation ETF (NYSEARCA: ARKK) bought 216,219 shares of Roku and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 71,357 shares. At Thursday’s closing price, this would have valued this purchase at roughly $83.2 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. The innovation fund is up 30% in the past year, and the other is up closer to 37%.
Check out all of ARK Invest’s buys for Thursday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | DKNG | DRAFTKINGS | 150,884 |
| ARKF | FB | 102,461 | |
| ARKG | ADPT | ADAPTIVE BIOTECHNOLOGIES | 986 |
| ARKK | SKLZ | SKILLZ | 1,084,817 |
| ARKK | ROKU | ROKU | 216,219 |
| ARKK | PATH | UIPATH | 626,502 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 30,260 |
| ARKK | HOOD | ROBINHOOD MARKETS | 380,479 |
| ARKK | EXAS | EXACT SCIENCES | 81,080 |
| ARKK | TDOC | TELADOC HEALTH | 242,352 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 6,568 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 341,040 |
| ARKQ | NIU | NIU TECHNOLOGIES | 24,300 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 19,926 |
| ARKW | TWLO | TWILIO | 5,236 |
| ARKW | ROKU | ROKU | 71,357 |
| ARKW | GENI | GENIUS SPORTS | 68,608 |
| ARKW | DKNG | DRAFTKINGS | 252,547 |
| ARKX | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS | 125,669 |
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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