Cathie Wood's ARK Investment active ETFs added over 5 million shares Skillz (NYSE: SKLZ) on Wednesday. In addition, the firm bought a new ~2.74 million share position in today's IPO UiPath Inc. (NYSE: PATH), among other purchases.
ARK's buying in the open market of these two stocks was clearly felt in the market today, with shares of SKLZ rising 33.6% and PATH rising 23%.
On the sale side, the firm sold another 163,981 Tesla (NASDAQ: TSLA) shares, among other sales.
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 04/21: