Investing
Cathie Wood's ARK Invest Buys Nearly 475,000 Shares of Signify Health
Published:
A couple ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 475,000 shares of Signify Health Inc. (NYSE: SGFY) on Tuesday, as the price of these funds were up more than 5% in Tuesday’s session. These funds had only turned negative recently in their performance over the past year.
[in-text-ad]
ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 160,234 shares of Signify Health, and ARK Innovation ETF (NYSEARCA: ARKK) added 313,766 shares. At Tuesday’s closing price, this would have valued thes purchases at roughly $7.2 million. This is only a small fraction of the total holdings. The Genomic Revolution fund is down 32% over the past 52 weeks, and the other is down nearly 16% in the same time.
Check out all the ARK Invest trades for Tuesday:
| Fund | Direction | Ticker | Name | Shares |
|---|---|---|---|---|
| ARKF | Buy | DSYSJ | DISCOVERY | 55,621 |
| ARKG | Buy | SGFY | SIGNIFY HEALTH | 160,234 |
| ARKG | Sell | TAK | TAKEDA PHARMACEUTICAL | 846,189 |
| ARKK | Buy | SGFY | SIGNIFY HEALTH | 313,766 |
| ARKK | Buy | TDOC | TELADOC HEALTH | 63,567 |
| ARKK | Sell | EDIT | EDITAS MEDICINE | 138,796 |
| ARKQ | Buy | BLDE | BLADE AIR MOBILITY | 11,926 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
24/7 Wall St.Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
