Cathie Wood’s ARK Invest Buys Over 325,000 Shares of Blade Air Mobility
One of Cathie Wood's ARK Invest exchange-traded funds bought over 325,000 shares of Blade Air Mobility on November 12.
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 325,000 shares of Blade Air Mobility Inc. (NASDAQ: BLDE) on Friday. The share price of this ETF was up less than 1% in Friday’s session, and the fund is up a fair amount in the past year.
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ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 329,425 shares of Blade Air Mobility. At Friday’s closing price, this would have valued this purchase at roughly $3.3 million. This is only a small fraction of the total holdings. The ETF is up roughly 42% in the past year.
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Check out all of ARK Invest’s buys for Friday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | ALLO | ALLOGENE THERAPEUTICS | 42,150 |
| ARKG | QSI | QUANTUM-SI | 13,600 |
| ARKG | VERV | VERVE THERAPEUTICS | 39,831 |
| ARKK | VCYT | VERACYTE | 40,203 |
| ARKK | SGFY | SIGNIFY HEALTH | 230,000 |
| ARKK | MTLS | MATERIALISE | 13,101 |
| ARKQ | BLDE | BLADE AIR MOBILITY | 329,425 |
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.
