Tuesday's trading session took a turn for the worse, with the major indices all posting losses of more than 1.5 percent, as concerns about the Omicron variant and Federal Reserve policy began to manifest. ARK Funds started the day on a positive note but ultimately finished the day significantly lower. ARKG had the group's best performance, losing only 0.5 percent on the day, while ARKF had the worst performance, losing 2.6 percent on the day. Cathie Wood's gains from the previous year are slowly eroding, but she may have something up her sleeve, as she is constantly reshuffling her ETFs to ensure that they are able to withstand market fluctuations.
Ark Invest has been the talk of Wall Street for several years, outperforming the market and establishing itself as one of the industry's leading players in the investment world. Many have compared Wood's rising star to those such as Warren Buffett, who is the founder and CEO of this investment firm, which she founded and heads.
Many traders are looking to copy the strategies of well-known investors and large brokerage firms in order to profit from the gains that the big dogs are making in the stock market. Fortunately for us, at the conclusion of each trading day, ARK Invest publishes a list of its trades.
Instead of charging you a subscription fee or charging you money to see what makes ARK Invest tick, we at 24/7 Wall St. prefer to provide you with the information for free, without any strings attached. A quick look at some of the major purchases that ARK Invest made on November 30, 2021, can be found in the table below. Take a look at all of the ARK Invest sales that took place on the same day as well.
As its name implies, the ARK Fintech Innovation ETF (NYSEARCA: ARKF) invests primarily in stocks of up-and-coming financial technology companies. Square, Zillow, Pinterest, PayPal, and Alibaba are just a few of the companies that make up the company's portfolio. The fund's net assets are currently valued at $4.0 billion. This fund made some notable acquisitions, including 327,160 shares of Twitter, 351,689 shares of Discovery, and 27,233 shares of Toast, among others.
The ARK Genomic Revolution ETF (NYSEARCA: ARKG) invests in companies across a wide range of industries. Still, its primary focus is on health care and companies that are changing the game in this field technologically, according to the company. Pacific Biosciences, Teladoc Health, CRISPR, and Fate Therapeutics are the companies with the largest holdings. The fund's net assets are currently valued at $9.7 billion. The following are some notable purchases made by this fund: 1Life Healthcare has 263,966 shares outstanding, Ginkgo Bioworks has 245,335 shares outstanding, and 908 Devices has 42,466 shares outstanding.
The ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across a variety of industries, with a particular emphasis on the technology sector. This fund includes some of the most well-known companies in the world, including Tesla, Roku, Square, Zillow, and Spotify. At the time of writing, this fund's net assets total $25.5 billion. Here are a few examples of notable purchases made with this fund: Zoom Video (127,391 shares), Twitter (623,221 shares), and Robinhood (83,748) were among the stocks purchased.
The ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is a stock exchange-traded fund that invests in companies involved in autonomous technology and robotics, specifically those disrupting their respective industries. Tesla, Alphabet, JD.com, Baidu, and Iridium are just a few of the well-known companies that have invested in this fund. This fund's net assets are currently valued at $3.1 billion. Here are a few examples of notable purchases made by the fund: There are 98,964 shares of BYD, 177,140 shares of Velo3d, and 176,086 shares of Blade Air Mobility in the portfolio.
Companies that are disrupting the internet's next generation are the focus of the ARK Next Generation Internet ETF (NYSEARCA: ARKW), which invests in companies that are disruptively innovating within the theme of the next generation of the internet. Tesla, Square, Grayscale Bitcoin Trust, Facebook, and Snap are among the companies represented in this fund that are similar to those in the others. The net assets of this fund are currently valued at $6.4 billion dollars. Here are a few examples of notable purchases made by the fund: 161,991 shares of Twitter, 34,436 shares of Zoom Video, and 12,182 shares of Veracyte are currently available for purchase.
The Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) invests primarily in companies that are developing technology for spaceflight applications. Trimble, Kratos, Nvidia, Amazon, and Iridium are just a few of the well-known companies that have invested in this fund. This fund's net assets are currently valued at $63.3 million. There have been no notable trades in the fund: there have been NO BUYS.
