Cathie Wood-led Ark Invest continues to pile up shares in $Palantir Technologies Inc(PLTR.US)$.
The popular money managing firm on Thursday bought another 368,411 shares in the Peter Thiel-co-founded data analytics company on the dip, estimated to be worth about $8.9 million.
Palantir shares closed 4.43% lower at $24.16 on Thursday.
Ark Invest owns Palantir via all of its six active exchange-traded funds but deployed the $ARK Fintech Innovation ETF(ARKF.US)$ and the $ARK Space Exploration & Innovation ETF(ARKX.US)$ to buy the shares on Thursday.
The six ETFs held a total of 35.77 million shares, worth $904.29 million, in Palantir, ahead of Thursday’s trade.
Here are some of the other key trades for Ark on Thursday:
Shed 41,400 shares, estimated to be worth $10.65 million, in Jack Dorsey-led $Square, INC.(SQ.US)$. Square share closed 0.89% lower at $257.35 on Thursday.
Snapped up 343,796 shares, estimated to be worth $5.85 million, in $GENIUS SPORTS LTD(GENI.US)$ on the day shares of the sports data and technology company closed 1.33% lower at $17.02.
Bought 109,777 shares - estimated to be worth about $1.08 million in $Zymergen, Inc.(ZY.US)$.
Source: ARK INVEST