Cathie Wood’s Ark Invest Buys Over 235,000 Shares of Zoom Video

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Tuesday. These funds bought over 235,000 shares of Zoom Video Communications Inc. (NASDAQ: ZM) altogether, as their share prices lost about 1% in Tuesday’s session. Note that these ETFs are up handily in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 186,149 shares of Zoom Video and ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 49,541 shares. At Tuesday’s closing prices, this would have valued these purchases at roughly $6.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation ETF is up 33% in the past year, and the internet ETF is up 44%.

Check out all of ARK Invest’s buys for Tuesday:

FundTickerNameShares
ARKFDSYSJDISCOVERY495,881
ARKGVCYTVERACYTE22,500
ARKGSLGCSOMALOGIC318,245
ARKGQSIQUANTUM-SI18,660
ARKGPSNLPERSONALIS61,847
ARKGONEM1LIFE HEALTHCARE146,563
ARKGBLIBERKELEY LIGHTS204,052
ARKKPDPAGERDUTY315,567
ARKKNVTAINVITAE242,119
ARKKVCYTVERACYTE60,000
ARKKZMZOOM VIDEO COMMUNICATIONS186,149
ARKKCRSPCRISPR THERAPEUTICS14,500
ARKKSGFYSIGNIFY HEALTH618,151
ARKQKMTUYKOMATSU102,743
ARKWHOODROBINHOOD MARKETS236,373
ARKWVCYTVERACYTE15,500
ARKWZMZOOM VIDEO COMMUNICATIONS49,451

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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