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