Cathie Wood’s ARK Invest Sells Over 725,000 Shares of JD.com

By Chris Lange Published May 26, 10:07AM EDT

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Cathie Wood’s ARK Invest Sells Over 725,000 Shares of JD.com — © Andrew Burton / Getty Images

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 725,000 shares of JD.com Inc. (NASDAQ: JD | JD Price Prediction) on Tuesday, as the share price of these funds traded up nearly 1% in the day’s session. The funds’ share prices have greatly improved over the past year.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 456,987 shares of JD.com, and ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold 273,688 shares. At Tuesday’s closing price, this would have valued this sale at roughly $53.2 million. This is only a small fraction of the total holdings. ARKW is up 85% 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
ARKF	9923HK	YEAHKA LTD	322,000
ARKF	GWRE	GUIDEWIRE SOFTWARE INC	302
ARKF	6060HK	ZHONGAN ONLINE P&C INSURANCE CO LTD	864,400
ARKF	SCHW	CHARLES SCHWAB CORP/THE	109,981
ARKG	GH	GUARDANT HEALTH INC	25,525
ARKG	PSTI	PLURISTEM THERAPEUTICS INC	24,006
ARKK	SYRS	SYROS PHARMACEUTICALS INC	26,572
ARKK	ONVO	ORGANOVO HOLDINGS INC	923
ARKK	HUYA	HUYA INC	408,360
ARKQ	AVAV	AEROVIRONMENT INC	18,540
ARKQ	GLEO	GALILEO ACQUISITION CORP	14,065
ARKQ	ADSK	AUTODESK INC	1,500
ARKQ	WKHS	WORKHORSE GROUP INC	20
ARKW	HUBS	HUBSPOT INC	2
ARKW	JD	JD.COM INC	456,987
ARKW	PDD	PINDUODUO INC	96,600
ARKW	API	AGORA INC	6
ARKX	GRMN	GARMIN LTD	15,973
ARKX	JD	JD.COM INC	273,688
ARKX	RAVN	RAVEN INDUSTRIES INC	19,161
ARKX	SPCE	VIRGIN GALACTIC HOLDINGS INC	12
ARKX	ADSK	AUTODESK INC	410
ARKX	WKHS	WORKHORSE GROUP INC	10

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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.

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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.