Cathie Wood’s ARK Invest Buys Over 800,000 Shares of Twitter

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 800,000 shares of Twitter Inc. (NYSE: TWTR) altogether on Thursday, as the prices of these ETFs were up around 1% in Thursday’s session. These funds are up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 661,141 shares of Twitter and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 168,766 shares. At Thursday’s closing prices, this would have valued these purchases at roughly $55.3 million. This is only a small fraction of the total holdings. The innovation fund is up 38% in the past year and the other is up 46%.

Check out all of ARK Invest’s buys for Thursday:

Fund Ticker Name Shares
ARKG QSI QUANTUM-SI 35,000
ARKG SGFY SIGNIFY HEALTH 500,056
ARKK TDOC TELADOC HEALTH 256,100
ARKK PD PAGERDUTY 26,594
ARKK NVTA INVITAE 531,209
ARKK TWOU 2U 35,621
ARKK TWTR TWITTER 661,141
ARKK SGFY SIGNIFY HEALTH 830,777
ARKQ KTOS KRATOS DEFENSE & SECURITY SOLUTIONS 22,934
ARKQ ACHR ARCHER AVIATION 24,982
ARKW GENI GENIUS SPORTS 154,978
ARKW TWTR TWITTER 168,766

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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