Cathie Wood\u2019s ARK Invest Buys Roughly 1.4 Million Shares of UiPath

A few of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Wednesday. Altogether, these funds bought nearly 1.4 million shares of UiPath Inc. (NYSE: PATH), as the price of these ETFs lost around 2% on the day. Note that these funds are still up handily in the past year.

ARK Genomic Revolution ETF (NYSEARCA: ARKG) bought 297,454 shares of the robotics firm, ARK Innovation ETF (NYSEARCA: ARKK) bought 786,506 shares, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) bought 101,169 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 197,838 shares. At Wednesday’s closing prices, this would have valued these purchases at roughly $78.1 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. Each of these funds is up around 50% in the past 52 weeks.

Check out all the ARK Invest purchases for Wednesday:

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.

ALSO READ: Cathie Wood’s ARK Invest Dumps Over $100 Million Worth of Tesla Stock

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