Cathie Wood’s ARK Invest Buys Nearly a Million Shares of Skillz

One ARK exchange-traded fund run by ETF star Cathie Wood bought nearly a million shares of Skillz Inc. (NYSE: SKLZ) shares on Tuesday, as the price of this ETF traded up around 1% in the day’s session. The fund is up significantly in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 952,252 shares of Skillz. At Tuesday’s closing price, this would have valued this purchase at roughly $8.3 million. This is only a small fraction of the total holdings. The fund is up 15% over the past 52 weeks.

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

FundTickerNameShares
ARKF4689JPZ HOLDINGS2,431,491
ARKFSISILVERGATE CAPITAL43,349
ARKFOPENOPENDOOR TECHNOLOGIES57,830
ARKGVRTXVERTEX PHARMACEUTICALS40,413
ARKGSMFRSEMA42,453
ARKGCLLSCELLECTIS23,802
ARKGSDGRSCHRODINGER8,800
ARKGREGNREGENERON PHARMACEUTICALS19,128
ARKKPRLBPROTO LABS44,700
ARKKSKLZSKILLZ952,252
ARKQBYDDYBYD26,237
ARKWSESEA16,517
ARKWPYPLPAYPAL43,209
ARKXHOFPTHALES66,347

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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