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.
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.
Check out all of ARK Invest’s buys for Friday:
|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.