Cathie Wood\u2019s ARK Invest Buys Over 2 Million Shares of 3D Systems
One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 2 million shares of 3D Systems Corp. (NYSE: DDD) shares on Thursday, as the prices of this fund gained nearly 1% in Thursday’s session. The ETF is up significantly in the past year.
It was ARK Innovation ETF (NYSEARCA: ARKK) that bought 2,028,407 shares of 3D Systems. At Thursday’s closing price, this would have valued this purchase at roughly $51.1 million. This is only a small fraction of the total holdings. The fund is up 21% over the past 52 weeks.
Check out all the ARK Invest buys for Thursday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | ALLO | ALLOGENE THERAPEUTICS | 525,850 |
| ARKG | VERV | VERVE THERAPEUTICS | 32,251 |
| ARKG | SDGR | SCHRODINGER | 535,023 |
| ARKG | QSI | QUANTUM-SI | 87,800 |
| ARKK | SGFY | SIGNIFY HEALTH | 258,910 |
| ARKK | VCYT | VERACYTE | 50,477 |
| ARKK | MTLS | MATERIALISE | 13,838 |
| ARKK | DDD | 3D SYSTEMS | 2,028,407 |
| ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 169,559 |
| ARKK | TWLO | TWILIO | 136,418 |
| ARKQ | MKFG | MARKFORGED | 6,120 |
| ARKW | TWLO | TWILIO | 36,284 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 43,309 |
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.
Source: Read Full Article