Cathie Wood’s ARK Invest Buys Nearly 700,000 Shares of Palantir

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Friday. Specifically, these funds bought nearly 700,000 shares of Palantir Technologies Inc. (NASDAQ: PLTR), as the price of the funds gained about 1% on the day. Note that these ETFs are up a fair amount in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) purchased 389,496 shares of Palantir, and ARK Autonomous & Robotics ETF (NYSEARCA: ARKQ) bought 294,500 shares. At Friday’s closing price, this would have valued this purchase at roughly $16.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The share price of these funds is up more than 30% in the past year .

Check out all of ARK Invest’s buys for Friday as well:

FundTickerCompany NameShares Traded
ARKFPLTRPALANTIR TECHNOLOGIES389,496
ARKFPATHUIPATH54,779
ARKGFATEFATE THERAPEUTICS105,042
ARKGBEAMBEAM THERAPEUTICS34,871
ARKGSMFRSEMA4203,932
ARKGMASS908 DEVICES5,325
ARKGRPTXREPARE THERAPEUTICS2,935
ARKGQSIQUANTUM-SI7,856
ARKGZYZYMERGEN2,601
ARKKFATEFATE THERAPEUTICS292,854
ARKKSRNGSOARING EAGLE ACQUISITION273,629
ARKKBEAMBEAM THERAPEUTICS5,190
ARKKSGFYSIGNIFY HEALTH18,900
ARKKTSPTUSIMPLE1,970
ARKKVCYTVERACYTE455
ARKQPLTRPALANTIR TECHNOLOGIES294,500
ARKQAVAVAEROVIRONMENT10,588
ARKQMKFGMARKFORGED116,408
ARKQKMTUYKOMATSU28,711
ARKQBLDEBLADE AIR MOBILITY22,603
ARKQSPFRJAWS SPITFIRE ACQUISITION11,547
ARKWFTCHFARFETCH366,216
ARKWGENIGENIUS SPORTS84,860
ARKWKVSBKHOSLA VENTURES ACQUISITION II33,367
ARKWLPSNLIVEPERSON1,001

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

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