Cathie Wood’s ARK Invest Buys Nearly 500,000 Shares of Buffett-Backed Brazilian Fintech

One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought nearly 500,000 shares of Buffett-backed Brazilian fintech company Nu Holdings Ltd. (NYSE: NU) on Monday. The price of this ETF pulled back nearly 3% in Monday’s session, and it is down a fair amount in the past year.

It was the ARK Fintech Innovation ETF (NYSEARCA: ARKF) that added 488,270 shares of Nu Holdings. At Monday’s closing price, this would have valued this purchase at roughly $4.4 million. This is only a small fraction of the total holdings. The ETF is down roughly 22% in the past year.

Check out all of ARK Invest’s buys for Monday:

FundTickerNameShares
ARKFPATHUIPATH132,369
ARKFNUNU HOLDINGS488,270
ARKFSESEA21,410
ARKFSQSQUARE27,359
ARKFDKNGDRAFTKINGS55,400
ARKFHOODROBINHOOD MARKETS62,500
ARKFDSYSJDISCOVERY67,614
ARKGNRIXNURIX THERAPEUTICS16,628
ARKKTDOCTELADOC HEALTH29,000
ARKKTWOU2U67,500
ARKQXPEVXPENG31,178
ARKQBLDEBLADE AIR MOBILITY35,039
ARKQNIUNIU TECHNOLOGIES9,279
ARKQMTLSMATERIALISE1,500
ARKWSHOPSHOPIFY5,303
ARKWSESEA32,798
ARKWEDRENDEAVOR GROUP22,085
ARKXMYNAMYNARIC2,100

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

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