Cathie Wood’s ARK Invest Buys Nearly 450,000 Shares of UiPath
A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Thursday. Altogether, these funds bought nearly 450,000 shares of UiPath Inc. (NYSE: PATH), as the price of this ETF dropped less than 1% on Thursday. Note that this fund is still up handily in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 445,042 shares of UiPath. At Thursday’s closing price, this would have valued these purchases at roughly $30.4 million. Even though this is a small fraction of the total holdings, every little bit counts. ARKK is up 55% in the past year.
Check out all of ARK Invest’s buys for Thursday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | SGFY | Signify Health | 90,214 |
| ARKG | MASS | 908 Devices | 18,400 |
| ARKG | QSI | Quantum-Si | 231,750 |
| ARKG | RPTX | Repare Therapeutics | 11,285 |
| ARKG | RXRX | Recursion Pharmaceuticals | 45,992 |
| ARKK | COIN | Coinbase Global | 218,424 |
| ARKK | FATE | Fate Therapeutics | 32,305 |
| ARKK | PATH | UiPath | 445,042 |
| ARKQ | KTOS | Kratos Defense & Security Solutions | 68,215 |
| ARKW | COIN | Coinbase Global | 37,054 |
| ARKW | FTCH | Farfetch | 187,402 |
| ARKW | VUZI | Vuzix | 59,338 |
| ARKW | U | Unity Software | 72,233 |
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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