Cathie Wood's ARK Scoops Up 1.2M Shares of Palantir (PLTR), Enters SPAC JAWS Spitfire (SPFR)
Cathie Wood's ARK Investment active ETFs bought over 1.2 million shares of Palantir (NYSE: PLTR) on Wednesday, adding to its current position. The firm also initiated a new stake in SPAC JAWS Spitfire Acquisition Corporation (NYSE: SPFR), buying 733,313 shares, which is merging with VELO3D.
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 03/24/21: