Fund manager Cathie Wood said her exchange-traded funds bought a total 2.65 million shares of data-analytics company Palantir’s stock.
Wood’s purchased about 2 million shares for her flagship ETF, ARK Innovation and about 650,000 in her ARK Next Generation Internet ETF. Wood’s purchases amount to around $62.5 million, based on Wednesday’s closing price of the stock.
Last month, Wood revealed that her ETFs bought more than 6 million shares of the company.