Cathie Wood’s ARK Invest Buys Over 1 Million Shares of Skillz

One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over a million shares of Skillz Inc. (NYSE: SKLZ) shares on Wednesday, as the price of this ETF traded down nearly 2% in the day’s session. The fund is up significantly in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 1,005,512 shares of Skillz. At Wednesday’s closing price, this would have valued this purchase at roughly $10.9 million. This is only a small fraction of the total holdings. The fund is up 17% over the past 52 weeks.

Here’s a look at all the buys across ARK Invest funds:

FundTickerNameShares
ARKFKSPILIKASPI.KZ380
ARKFSTNESTONECO294,220
ARKFTOSTTOAST43,202
ARKFTWLOTWILIO28,374
ARKGVERVVERVE THERAPEUTICS10,405
ARKGQSIQUANTUM-SI98,089
ARKGONEM1LIFE HEALTHCARE367,475
ARKGBNRBURNING ROCK BIOTECH16,324
ARKGALLOALLOGENE THERAPEUTICS1,787
ARKKBEAMBEAM THERAPEUTICS157,464
ARKKMTLSMATERIALISE24,488
ARKKNTLAINTELLIA THERAPEUTICS8,312
ARKKROKUROKU245,321
ARKKSKLZSKILLZ1,005,512
ARKQACHRARCHER AVIATION113,351
ARKQTSPTUSIMPLE60,863
ARKQVLDVELO3D2,500
ARKWROKUROKU64,931
ARKXMKFGMARKFORGED69,400

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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