Cathie Wood’s ARK Invest Buys Nearly 450,000 Shares of Twitter

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought nearly 450,000 shares of Twitter Inc. (NYSE: TWTR) altogether on Friday, as the prices of these ETFs were down more than 1% in Friday’s session. These funds are up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 360,261 shares of Twitter, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) added 88,683 shares. At Friday’s closing prices, this would have valued these purchases at roughly $27.9 million. This is only a small fraction of the total holdings. The innovation fund is up 21% in the past year and the other is up 32%.

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

FundTickerNameShares
ARKGARCTARCTURUS THERAPEUTICS HOLDINGS51,008
ARKGNTLAINTELLIA THERAPEUTICS16,492
ARKGPACBPACIFIC BIOSCIENCES OF CALIFORNIA267,412
ARKGSLGCSOMALOGIC216,800
ARKGSURFSURFACE ONCOLOGY30,000
ARKGVCYTVERACYTE19,400
ARKKTWTRTWITTER360,261
ARKKROKUROKU16,743
ARKKNTLAINTELLIA THERAPEUTICS11,261
ARKKBEAMBEAM THERAPEUTICS45,600
ARKQVLDVELO3D64,241
ARKWTWTRTWITTER88,683
ARKWSNAPSNAP230,323
ARKWSKLZSKILLZ530,747
ARKWLPSNLIVEPERSON199,503
ARKXVLDVELO3D INC139,226

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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