Cathie Wood’s ARK Invest buys and sells 7/9 – 24/7 Wall St.
Major averages rebounded on Friday, each posting a gain of around 1%. The ARK family of funds have done even better. ARKG had the best result of the group, up around 2.4% on the day, while ARKG lagged behind the rest of the group, up around 1.5%. Note that this was a light trading day for ARK funds. Last year’s gains are slowly diminishing, but Cathie Wood may have something up her sleeve as she is constantly redistributing her ETFs to deal with market head winds.
ARK Invest has made a name for itself on Wall Street over the past two years, outperforming the market and consolidating its place among the major players in the investment world. Wood is the founder and head of this investment firm, and many have compared her rising star to people like Warren Buffett.
Many traders are looking to replicate the games of famous investors and huge brokerage firms to capitalize on the gains made by the big dogs. Fortunately for us, ARK Invest publishes a list of its transactions at the end of each trading day.
While some companies would need a subscription or monetary fee service to see what drives ARK Invest, here at 24/7 Wall St., we would rather give you the data for free. Here is a quick look at some of the top buys and sells executed by ARK Invest on July 8, 2021.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF) mainly deals with rising fintech stocks, as the name suggests. Some of his biggest holdings include Square, Zillow, Pinterest, PayPal, and Alibaba. The fund’s net assets currently stand at $ 4.2 billion. Here are some transactions that we would like to highlight in this fund: NO TRADE
ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the focus is typically on healthcare and the technology-changing companies in this area. Some of the biggest holdings include Pacific Biosciences, Teladoc Health, CRISPR, and Fate Therapeutics. The fund’s net assets currently stand at $ 9.6 billion. Here are some notable transactions in this fund: Buy 28,643 shares of Quantum-Si, buy 6,639 shares of Repare Therapeutics, buy 65,737 shares of Recursion Pharmaceuticals and buy 58,914 shares of Signify Health.
ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is mostly on technology. Some of the biggest names are part of this fund, including Tesla, Roku, Square, Zillow, and Spotify. The net assets of this fund are currently $ 23.1 billion. Here are some notable transactions in this fund: Buy 247,130 shares of UiPath and sell 71,238 shares of Novartis.
The ETF ARK Autonomous Technology & Robotics (NYSEARCA: ARKQ) focuses on companies active in the field of autonomous technology and robotics, especially those that innovate in disruptive ways. Other big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. The net assets of this fund are currently $ 3.3 billion. Here are some of the significant transactions in this fund: NO TRADE
ARK Next Generation Internet ETF (NYSEARCA: ARKW) focuses on companies that disruptively innovate on the topic of the next generation of the Internet. There are similar names in this fund to others including Tesla, Square, Grayscale Bitcoin Trust, Facebook, and Snap. The net assets of this fund are currently $ 6.6 billion. Here are some notable transactions in this fund: Sell 273,735 HUYA shares.
Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) mainly focuses on companies developing technologies around spaceflight. The big names in this fund are Trimble, Kratos, Nvidia, Amazon and Iridium. The net assets of this fund are currently $ 63.3 million. Transactions to be noted in this fund: NO TRADE
Check Out All Purchases Here:
|ARKG||Buy||QSI||QUANTUM-SI INC||28 643|
|ARKG||Buy||RPTX||THERAPEUTIC REPAIR INC||6,639|
|ARKG||Buy||RXRX||PHARMACEUTICAL RECURSION INC||65,737|
|ARKG||Buy||SGFY||MEAN HEALTH INC||58 914|
|ARKK||Buy||PATH||UIPATH INC||247 130|
|ARKK||To sell||NVS||NOVARTIS SA||71,238|
|ARKW||To sell||HUYA||HUYA INC||273 735|
Catherine Wood, CEO and CIO of ARK Investment Management LLC, is a minority, non-voting shareholder of 24/7 Wall St., owner of 247wallst.com.