Cathie Wood’s ARK Invest Buys Over 2 Million Shares of 3D Systems
One of Cathie Wood's Ark Invest exchange-traded funds bought over 2 million shares of 3D Systems on November 11.
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 2 million shares of 3D Systems Corp. (NYSE: DDD) shares on Thursday, as the prices of this fund gained nearly 1% in Thursday’s session. The ETF is up significantly in the past year.
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It was ARK Innovation ETF (NYSEARCA: ARKK) that bought 2,028,407 shares of 3D Systems. At Thursday’s closing price, this would have valued this purchase at roughly $51.1 million. This is only a small fraction of the total holdings. The fund is up 21% over the past 52 weeks.
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Check out all the ARK Invest buys for Thursday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | ALLO | ALLOGENE THERAPEUTICS | 525,850 |
| ARKG | VERV | VERVE THERAPEUTICS | 32,251 |
| ARKG | SDGR | SCHRODINGER | 535,023 |
| ARKG | QSI | QUANTUM-SI | 87,800 |
| ARKK | SGFY | SIGNIFY HEALTH | 258,910 |
| ARKK | VCYT | VERACYTE | 50,477 |
| ARKK | MTLS | MATERIALISE | 13,838 |
| ARKK | DDD | 3D SYSTEMS | 2,028,407 |
| ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 169,559 |
| ARKK | TWLO | TWILIO | 136,418 |
| ARKQ | MKFG | MARKFORGED | 6,120 |
| ARKW | TWLO | TWILIO | 36,284 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 43,309 |
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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Contact [email protected] for any questions or corrections.
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.
