Investing
Cathie Wood's ARK Invest Sells Nealy 1 Million Shares of Pure Storage
Published:
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 1 million shares of Pure Storage Inc. (NYSE: PSTG) on Monday, as the share price of this fund traded up nearly 3% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 995,901 shares of Pure Storage. At Monday’s closing price, this would have valued this sale at roughly $18.9 million. This is only a small fraction of the total holdings. ARKK is up 76% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKF | Sell | 9923HK | YEAHKA LTD | 210,000 |
| ARKF | Sell | SCHW | CHARLES SCHWAB CORP/THE | 59,936 |
| ARKG | Sell | GH | GUARDANT HEALTH INC | 152,200 |
| ARKG | Sell | PSTI | PLURISTEM THERAPEUTICS INC | 600 |
| ARKK | Sell | SYRS | SYROS PHARMACEUTICALS INC | 12,700 |
| ARKK | Sell | SNPS | SYNOPSYS INC | 306 |
| ARKK | Sell | PSTG | PURE STORAGE INC | 995,901 |
| ARKK | Sell | ONVO | ORGANOVO HOLDINGS INC | 3,062 |
| ARKK | Sell | NVS | NOVARTIS AG | 44,973 |
| ARKK | Sell | NTDOY | NINTENDO CO LTD | 86,828 |
| ARKK | Sell | ICE | INTERCONTINENTAL EXCHANGE INC | 187,281 |
| ARKK | Sell | HUYA | HUYA INC | 136,943 |
| ARKQ | Sell | ADSK | AUTODESK INC | 28,706 |
| ARKQ | Sell | AVAV | AEROVIRONMENT INC | 12,950 |
| ARKQ | Sell | GLEO | GALILEO ACQUISITION CORP | 30,186 |
| ARKQ | Sell | WKHS | WORKHORSE GROUP INC | 6,997 |
| ARKW | Sell | TREE | LENDINGTREE INC | 1,889 |
| ARKW | Sell | SI | SILVERGATE CAPITAL CORP | 18 |
| ARKW | Sell | PINS | PINTEREST INC | 6 |
| ARKW | Sell | PDD | PINDUODUO INC | 32,396 |
| ARKW | Sell | JD | JD.COM INC | 94,201 |
| ARKW | Sell | HUBS | HUBSPOT INC | 541 |
| ARKW | Sell | API | AGORA INC | 1,905 |
| ARKX | Sell | SPCE | VIRGIN GALACTIC HOLDINGS INC | 35 |
| ARKX | Sell | RAVN | RAVEN INDUSTRIES INC | 1,242 |
| ARKX | Sell | NVDA | NVIDIA CORP | 3,915 |
| ARKX | Sell | GRMN | GARMIN LTD | 1,200 |
| ARKX | Sell | ADSK | AUTODESK INC | 4,167 |
| ARKX | Sell | WKHS | WORKHORSE GROUP INC | 50 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
