Cathie Wood's ARK Buys Another 1M Shares of Palantir (PLTR), 600K Shares of DraftKings (DKNG) on Wednesday

April 8, 2021 7:15 AM EDT
Get Alerts PLTR Hot Sheet
Price: $20.46 +1.89%

Overall Analyst Rating:
    NEUTRAL (= Flat)

Trade Now! 
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Cathie Wood's ARK Investment active ETFs bought over 1 million shares of Palantir (NYSE: PLTR), 600K shares of DraftKings (NASDAQ: DKNG), and 350K shares of LendingClub (NYSE: LC), among other trades on Wednesday.

ARKS new space ETF, ARKX, entered a new 240K position in SPAC Jaws Spitfire Acquisition (NYSE: SPFR). ARK has had a prior position in SPFR through another active ETF.

ARK discloses its trades daily M-F. The daily trades are not comprehensive lists of a day's trades for the ARK ETFs and exclude initial/secondary public offering transactions and ETF Creation/Redemption Unit activity. Wood is famous for her ultra-bullish call on Tesla and is regarded as having the hottest hand on the Street currently.

Below is a summary of trades from 04/07/21:

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

ETFs, Hedge Funds, Trader Talk

Related Entities

Tesla, ARK, SPAC