Palantir, Pfizer, Square, Genius Sports, Docusign — Stocks Cathie Wood's Ark Bought Or Sold On Wednesday

Cathie Wood-led Ark Invest on Wednesday further increased her bets on Palantir Technologies Inc PLTR on a day shares of the Peter Thiel-co-founded data analytics company extended gains.

The popular money managing firm snapped up 93,189 shares — estimated to be worth $2.36 million — in Palantir on Wednesday. 

Palantir shares, which jumped 11% after it reported second quarter earnings last week, closed 5.47% higher at $25.28 on Wednesday.

Ark Invest owns Palantir via all of its six active exchange traded funds but deployed only the Ark Fintech Innovation ETF ARKF to buy the shares on Wednesday.

The six ETFs held a total of 35.77 million shares, worth $904.29 million, in Palantir, ahead of Wednesday’s trade.

See Also: Cathie Wood Can't Get Enough Of Peter Thiel's Palantir, Adds Another $11.4M Shares

Here are some of the other key trades for Ark on Wednesday:

  • Snapped up 158,788 shares - estimated to be worth about $7.83 million - in Pfizer Inc PFE on the dip. Pfizer shares closed 2.2% lower at $49.31 on Wednesday. 
  • Shed 1,887 shares, estimated to be worth $489,978, in Jack Dorsey-led Square Inc SQ. Square share closed 0.54% lower at $259.66 on Wednesday. 
  • Snapped up 241,657 shares, estimated to be worth $4.17 million, in Genius Sports Ltd GENI on the day shares of the sports data and technology company closed 5.2% higher at $17.25.
  • Sold 57,133 shares, estimated to be worth about $16.3 million, in Docusign Inc DOCU, on the day shares of the eSignature company closed 0.27% lower at $284.81.
  • Ark Invest bought or sold in a total of 50 stocks on Wednesday. 

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Posted In: Long IdeasNewsSector ETFsBroad U.S. Equity ETFsShort IdeasTrading IdeasETFsARK Investment ManagementCathie WoodCovid-19Data Analytics
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