Cathie Wood's ARK Invest Sells Over 830,000 Shares of Pure Storage

Investing

Published: May 14, 2021 9:45 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 830,000 shares of Pure Storage Inc. (NYSE: PSTG) on Thursday, as the share price of this fund traded down over 2% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 831,644 shares of Pure Storage. At Thursday’s closing price, this would have valued this sale at roughly $14.3 million. This is only a small fraction of the total holdings. This fund is up 79% over the past 52 weeks.

Here is a quick look at all the other sales that took place across all ARK ETFs:

Fund	Ticker	Company	Shares Sold
ARKF	9923HK	YEAHKA LTD	545,600
ARKF	SI	SILVERGATE CAPITAL CORP	30,649
ARKF	BABA	ALIBABA GROUP HOLDING LTD	162,840
ARKG	VRTX	VERTEX PHARMACEUTICALS INC	90,883
ARKG	TAK	TAKEDA PHARMACEUTICAL CO LTD	508,539
ARKG	SYRS	SYROS PHARMACEUTICALS INC	400,000
ARKG	TMO	THERMO FISHER SCIENTIFIC INC	39,167
ARKG	SRPT	SAREPTA THERAPEUTICS INC	39,000
ARKG	RHHBY	ROCHE HOLDING AG	110,100
ARKG	REGN	REGENERON PHARMACEUTICALS INC	72,226
ARKG	PSTI	PLURISTEM THERAPEUTICS INC	5,792
ARKG	PHR	PHREESIA INC	24,000
ARKG	BMY	BRISTOL-MYERS SQUIBB CO	88,100
ARKK	TREE	LENDINGTREE INC	234,689
ARKK	SNPS	SYNOPSYS INC	45,956
ARKK	PSTG	PURE STORAGE INC	831,644
ARKK	PCAR	PACCAR INC	20,000
ARKK	NVS	NOVARTIS AG	236,796
ARKK	ICE	INTERCONTINENTAL EXCHANGE INC	256,679
ARKK	BIDU	BAIDU INC	299,778
ARKK	BEKE	KE HOLDINGS INC	44,465
ARKQ	BIDU	BAIDU INC	31,793
ARKW	PYPL	PAYPAL HOLDINGS INC	21,192
ARKW	PINS	PINTEREST INC	8,000
ARKW	NVDA	NVIDIA CORP	800
ARKW	NFLX	NETFLIX INC	10,186
ARKW	HUBS	HUBSPOT INC	10,504
ARKW	FSLY	FASTLY INC	11,000
ARKW	DOCU	DOCUSIGN INC	26,564
ARKW	CRWD	CROWDSTRIKE HOLDINGS INC	2,500
ARKW	ADYEY	ADYEN NV	35,984
ARKX	WKHS	WORKHORSE GROUP INC	385,949

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

ALSO READ: BofA Securities Has Buy Ratings on 4 Reddit/WallStreetBets Stocks

It’s Your Money, Your Future—Own It (sponsor)

Retirement can be daunting, but it doesn’t need to be.

Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.