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 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.
