A few of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Thursday. Altogether, these funds bought nearly a million shares of UiPath Inc. (NYSE: PATH), as the price of these ETFs lost more than 4% on the day. Note that these funds are mostly down over the past year, with one big exception.
[in-text-ad]
ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 245,247 shares of the robotics software firm, ARK Innovation ETF (NYSEARCA: ARKK) purchased 430,278 shares, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) picked up 100,124 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 194,241 shares. At Thursday’s closing price, this would have valued these purchases at roughly $45.6 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. While the robotics fund is up around 12% in the past year, the others are down between 7% and 32% in the same time.
Check out all the ARK Invest purchases for Thursday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKG | PATH | UIPATH | 245,247 |
ARKG | NTLA | INTELLIA THERAPEUTICS | 8,315 |
ARKG | SLGC | SOMALOGIC | 33,736 |
ARKG | QSI | QUANTUM-SI | 39,948 |
ARKG | NVTA | INVITAE | 3,000 |
ARKK | PATH | UIPATH | 430,278 |
ARKK | SSYS | STRATASYS | 164,886 |
ARKK | NTLA | INTELLIA THERAPEUTICS | 27,900 |
ARKK | DNA | GINKGO BIOWORKS | 223,347 |
ARKK | VCYT | VERACYTE | 49,861 |
ARKK | NVTA | INVITAE | 100,000 |
ARKK | MTLS | MATERIALISE | 27,783 |
ARKK | TRMB | TRIMBLE | 4,455 |
ARKQ | PATH | UIPATH | 100,124 |
ARKQ | AVAV | AEROVIRONMENT | 58,300 |
ARKQ | VUZI | VUZIX | 43,948 |
ARKQ | BLDE | BLADE AIR MOBILITY | 5,637 |
ARKW | PATH | UIPATH | 194,241 |
ARKW | VUZI | VUZIX | 77,016 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.