Cathie Wood’s ARK Invest Buys Over 300,000 Shares of UiPath

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Friday. This fund bought over 300,000 shares of robotics software company UiPath Inc. (NYSE: PATH), as the price of this ETF dropped more than 1% on Friday. Note that this fund is down handily over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) bought 308,263 shares of UiPath. At Friday’s closing price, this would have valued this purchase at roughly $13.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is down 22% in the past year.

Check out all of ARK Invest’s trades for Friday:

FundDirectionTickerNameShares
ARKGBuyMASS908 DEVICES17,400
ARKGBuyNVTAINVITAE96,903
ARKGBuyQSIQUANTUM-SI82,963
ARKGSellREGNREGENERON PHARMACEUTICALS9,477
ARKKBuySSYSSTRATASYS80,627
ARKKBuyPDPAGERDUTY122,940
ARKKBuyPATHUIPATH308,263
ARKKBuyNTLAINTELLIA THERAPEUTICS20,569
ARKKBuyMTLSMATERIALISE18,000
ARKKSellTSLATESLA25,377
ARKQBuyAVAVAEROVIRONMENT19,200
ARKQBuyBLDEBLADE AIR MOBILITY27,621
ARKQSellTSLATESLA2,968

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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