Cathie Wood’s ARK Invest Buys Over 415,000 Shares of Teladoc

Some of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge purchase on Thursday. The funds bought over 415,000 shares altogether of Teladoc Health Inc. (NYSE: TDOC), as the prices of these ETFs bounced back on Thursday. Note that these funds are up handily in the past year.

Here’s a look at the purchases:

  • ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 40,224 shares.
  • ARK Genomic Revolution ETF (NYSEARCA: ARKG) purchased 78,216 shares.
  • ARK Innovation ETF (NYSEARCA: ARKK) added 234,681 shares.
  • ARK Next Generation Internet ETF (NYSEARCA: ARKW) bought 62,024 shares.

At Thursday’s closing price, this would have valued these purchases at roughly $51.5 million. Even though this is a small fraction of the total holdings, every little bit counts. These funds are up more than 14% in the past 52 weeks, with the exception of the Genomic Revolution ETF, which is actually down 6%.

Check out all of the ARK Invest buys for Thursday:

FundTickerNameShares
ARKFKSPILIKASPI.KZ11,813
ARKFTDOCTELADOC HEALTH40,224
ARKGALLOALLOGENE THERAPEUTICS214,497
ARKGBNRBURNING ROCK BIOTECH46,455
ARKGTDOCTELADOC HEALTH78,216
ARKKTDOCTELADOC HEALTH234,681
ARKKSKLZSKILLZ257,636
ARKKNTLAINTELLIA THERAPEUTICS1,415
ARKKMTLSMATERIALISE26,915
ARKKBEAMBEAM THERAPEUTICS9,760
ARKQACHRARCHER AVIATION184,473
ARKQBLDEBLADE AIR MOBILITY227,784
ARKQVLDVELO3D438,062
ARKWSKLZSKILLZ494,859
ARKWTDOCTELADOC HEALTH62,024
ARKXMKFGMARKFORGED70,494

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.

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