Cathie Wood’s ARK Invest Buys Nearly 825,000 Shares of Butterfly Network
One of Cathie Wood's ARK Invest exchange-traded funds bought roughly 825,000 shares of Butterfly Network on November 15.
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought about 825,000 shares of Butterfly Network Inc. (NYSE: BFLY) on Monday. The share price of this ETF was down over 2% in Monday’s session, and the fund is actually the only ARK Invest fund with a loss year over year.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 824,841 shares of this ultrasound imagining device maker. At Monday’s closing price, this would have valued this purchase at roughly $6.2 million. This is only a small fraction of the total holdings. The ETF is down about 2% in the past year.
Check out all of ARK Invest’s buys for Monday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | DKNG | DRAFTKINGS | 214,059 |
| ARKF | TWLO | TWILIO | 17,600 |
| ARKF | TOST | TOAST | 87,242 |
| ARKF | PAGS | PAGSEGURO DIGITAL | 47,218 |
| ARKF | HOOD | ROBINHOOD MARKETS | 296,385 |
| ARKG | QSI | QUANTUM-SI | 115,300 |
| ARKG | ONEM | 1LIFE HEALTHCARE | 108,326 |
| ARKG | VERV | VERVE THERAPEUTICS | 43,580 |
| ARKG | BFLY | BUTTERFLY NETWORK | 824,841 |
| ARKG | ALLO | ALLOGENE THERAPEUTICS | 114,528 |
| ARKG | SGFY | SIGNIFY HEALTH | 159,698 |
| ARKK | VCYT | VERACYTE | 63,300 |
| ARKK | TWOU | 2U | 118,996 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 112,914 |
| ARKK | MTLS | MATERIALISE | 27,228 |
| ARKK | BEAM | BEAM THERAPEUTICS | 32,531 |
| ARKQ | ACHR | ARCHER AVIATION | 304,243 |
| ARKQ | VLD | VELO3D | 33,680 |
| ARKQ | TSP | TUSIMPLE | 91,200 |
| ARKQ | PRLB | PROTO LABS | 163,115 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 30,800 |
| ARKW | SPLK | SPLUNK | 119,677 |
| ARKW | DIS | WALT DISNEY | 86,340 |
| ARKX | DDD | 3D SYSTEMS | 43,040 |
| ARKX | GRMN | GARMIN | 7,820 |
| ARKX | MKFG | MARKFORGED | 27,381 |
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.
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.
