Cathie Wood’s ARK Invest Buys Over a Million Shares of DraftKings

A few of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge purchases on Tuesday. These funds bought over a million shares of DraftKings Inc. (NASDAQ: DKNG) altogether, as the price of these ETFs gained more than 1% on Tuesday. Note that these funds are up handily in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) purchased 127,608 shares of DraftKings, while ARK Innovation ETF (NYSEARCA: ARKK) bought 742,840 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) 202,723 shares. At Tuesday’s closing prices, this would have valued these purchases at roughly $60.6 million altogether. Even though this is a small fraction of the total holdings, every little bit counts.

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

FundTickerNameShares
ARKFPDDPINDUODUO10,231.00
ARKFZZILLOW21,094.00
ARKFTDOCTELADOC HEALTH12,603.00
ARKFDKNGDRAFTKINGS127,608.00
ARKFCOINCOINBASE GLOBAL6,308.00
ARKGPFEPFIZER258,390.00
ARKGPSNLPERSONALIS4,500.00
ARKGQSIQUANTUM-SI90,017.00
ARKGRPTXREPARE THERAPEUTICS229.00
ARKGMASS908 DEVICES650.00
ARKGFATEFATE THERAPEUTICS171,840.00
ARKGDYNSDYNAMICS SPECIAL PURPOSE106.00
ARKGCMIIUCM LIFE SCIENCES II1,200.00
ARKGADPTADAPTIVE BIOTECHNOLOGIES35,080.00
ARKKSRNGSOARING EAGLE ACQUISITION1,197,532.00
ARKKSGFYSIGNIFY HEALTH205,551.00
ARKKNVTAINVITAE49,322.00
ARKKFATEFATE THERAPEUTICS357,508.00
ARKKDKNGDRAFTKINGS742,840.00
ARKQSPFRJAWS SPITFIRE ACQUISITION10,000.00
ARKQMKFGMARKFORGED326,798.00
ARKQKTOSKRATOS DEFENSE & SECURITY SOLUTIONS145,772.00
ARKQKMTUYKOMATSU6,500.00
ARKQDDD3D SYSTEMS67,394.00
ARKWDKNGDRAFTKINGS202,723.00
ARKWGENIGENIUS SPORTS224,800.00
ARKWLPSNLIVEPERSON24,745.00
ARKX2618HKJD LOGISTICS949,290.00
ARKXACICATLAS CREST INVESTMENT30,464.00
ARKXPRNT3D PRINTING ETF11,184.00

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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