Cathie Wood’s ARK Invest Buys for 6/2 – 24/7 Wall St.
Invest
June 2, 2021 11:15 p.m.
Last updated: June 2, 2021 11:23 PM
The broad markets climbed a little higher on Wednesday and ARK Investors saw a pretty positive day as most ETFs posted a profit that day. ARKW performed best, up 0.3%, while ARKF and ARKG both lagged the rest of the group, down 0.3%. Last year's profits are slowly fading, but Cathie Wood may have something up her sleeve as she is constantly restructuring her ETFs to withstand market headwinds.
ARK Invest has been the talk of the town on Wall Street for the past few years, outperforming the market and cementing its place among the big players in the investment world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.
Many traders try to emulate the game of famous investors and big brokerage firms to take advantage of the big dogs' profits. Fortunately for us, ARK Invest publishes a list of its trades at the end of each trading day.
While some companies may need a subscription service or a monetary fee to see how ARK Invest ticks, here at 24/7 Wall St. we'd prefer to give you the data for free. Here's a quick look at some of the key purchases ARK Invest made on June 2nd, 2021. Also check out all of the ARK Invest sales that took place today.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF), as the name suggests, primarily deals with emerging fintech stocks. The largest holdings include Square, Zillow, Pinterest, PayPal, and Alibaba. The fund's net worth is currently $ 4.2 billion. Here are some trades we'd like to highlight in this fund: Buy 4,738 shares of Kaspi.
The ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies from multiple industries, but the general focus is on healthcare and companies that are technologically changing the game in that space. Its largest holdings include companies such as Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. The fund's net worth is currently $ 9.6 billion. Here are some notable trades in this fund: Buy 10,400 shares of CM Life Sciences, buy 142,313 shares of Dicerna Pharma, buy 129,777 shares of Signify Health, and buy 11,789 shares of Seer.
The ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily on technology. Some of the biggest names are represented in this fund, including Tesla, Roku, Square, Zillow, and Spotify. The net worth of this fund is currently $ 23.1 billion. Here are some notable trades in this fund: NO PURCHASES
The ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) focuses on companies active in the field of autonomous technology and robotics, particularly those that are disruptively innovative. Other big names in this fund include Tesla, Alphabet, JD.com, Baidu, and Iridium. The net worth of this fund is currently $ 3.3 billion. Here are some of the notable trades in this fund: Buy 7,259 shares of Intuitive Surgical, buy 72,725 shares of Kratos Defense, buy 53,389 shares of NIU Technologies, and buy 12,000 shares of Jaws Spitfire.
The ARK Next Generation Internet ETF (NYSEARCA: ARKW) focuses on companies driving disruptive innovations in the next generation of the Internet. There are some similar names in this fund as the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook, and Snap. The net worth of this fund is currently $ 6.6 billion. Here are a few notable trades in this fund: Buy 157,181 Etsy shares and buy 98,151 Vuzix shares.
The Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) primarily focuses on companies developing technologies related to space travel. Big names in this fund include Trimble, Kratos, Nvidia, Amazon, and Iridium. The net worth of this fund is currently $ 63.3 million. Notable trades in this fund: Buy 52,526 shares of Reinvent Technology
View all purchases here:
| Funds | direction | ticker | Companies | Shares |
|---|---|---|---|---|
| ARKF | to buy | KSPI LI | KASPI.KZ AG | 4,738 |
| ARKG | to buy | CMIIU | CM LIFE SCIENCES II INC | 10,400 |
| ARKG | to buy | DNA | DICERNA PHARMACEUTICALS INC | 142,313 |
| ARKG | to buy | SGFY | SIGNIFY HEALTH INC | 129,777 |
| ARKG | to buy | SEHER | SEER INC | 11,789 |
| ARKG | to buy | RPTX | REPAIR THERAPEUTICS INC | 9,704 |
| ARKQ | to buy | ISRG | INTUITIVE SURGICAL INC | 7,259 |
| ARKQ | to buy | SOMEONE | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 72,725 |
| ARKQ | to buy | NIU | NIU TECHNOLOGIES | 53,389 |
| ARKQ | to buy | SPFR | JAWS SPITFIRE ACQUISITION CORP | 12,000 |
| ARKW | to buy | ETSY | ETSY INC | 157.181 |
| ARKW | to buy | VUZI | VUZIX CORP | 98.151 |
| ARKX | to buy | RTP | REINVENT TECHNOLOGY PARTNERS | 52,526 |
Catherine Wood, CEO and CIO of ARK Investment Management LLC, is a non-voting minority shareholder of 24/7 Wall St., owner of 247wallst.com.
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