Cathie Wood's ARK Enters SPAC Galileo Acquisition Corp. (GLEO)
Get Alerts GLEO Hot Sheet
Join SI Premium – FREE
Cathie Wood's ARK Investment active ETFs initiated a position in SPAC Galileo Acquisition Corp. (NYSE: GLEO), acquiring 506,397 shares through the ARKQ fund. Digital manufacturing platform Shapeways announced Wednesday it is merging with Galileo Acquisition.
The firm also added 49,755 shares of Tesla (NASDAQ: TSLA) and 349,748 shares of Spotifiy (NYSE: SPOT) on Wednesday, among other trades.
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 04/28/21:
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla (TSLA) to Accelerate Launch of More Affordable Models
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- Tesla (TSLA) PT Lowered to $120 at HSBC on 'concerns about the timing and scale of prospects'
Create E-mail Alert Related Categories
Hedge Funds, SPAC, Trader TalkRelated Entities
Tesla, ARK, SPACSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!