Cathie Wood’s ARK Invest Buys Over 650,000 Shares of Concord Acquisition

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought nearly 650,000 shares of Concord Acquisition Corp. (NYSE: CND), as the price of this ETF gained over 2% on the day. Note that this fund is up significantly in the past year.

Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 661,638 shares of Concord Acquisition. At Tuesday’s closing price, this would have valued this purchase at roughly $6.8 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 47% in the past year.

Here’s a look at the other purchases across the ARK ETFs:

ARKFCOINCoinbase Global18,735
ARKGRPTXRepare Therapeutics347,968
ARKGPACBPacific Biosciences of California354,388
ARKGIONSIonis Pharmaceuticals54,702
ARKGSGFYSignify Health16,800
ARKGVERVVerve Therapeutics60,922
ARKGVRTXVertx Pharmaceuticals108,261
ARKKCOINCoinbase Global120,069
ARKKFATEFate Therapeutics36,661
ARKQBLDEBlade Air Mobility58,752
ARKQMGAMagna International19,248
ARKQUUnity Software83,796
ARKWKVSBKhosla Ventures Acquisition II319,300
ARKWGBTCGrayscale Bitcoin Trust140,157
ARKWCNDConcord Acquisition661,638
ARKX2618HKJD Logistics812,800
ARKXUUnity Software18,500

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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