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 writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.
