One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 260,000 shares of HUYA Inc. (NYSE: HUYA) on Thursday, as the share price of this fund traded up nearly 1% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 268,800 shares of Huya. At Thursday’s closing price, this would have valued this sale at roughly $4.0 million. This is only a small fraction of the total holdings. This fund 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 | 6060HK | ZHONGAN ONLINE P&C INSURANCE CO LTD | 1,583,300 |
ARKG | PSTI | PLURISTEM THERAPEUTICS INC | 13,623 |
ARKG | TAK | TAKEDA PHARMACEUTICAL CO LTD | 10,100 |
ARKK | ONVO | ORGANOVO HOLDINGS INC | 16,866 |
ARKK | HUYA | HUYA INC | 268,800 |
ARKK | SYRS | SYROS PHARMACEUTICALS INC | 80,000 |
ARKQ | GLEO | GALILEO ACQUISITION CORP | 11,957 |
ARKQ | AVAV | AEROVIRONMENT INC | 5,900 |
ARKW | ICE | INTERCONTINENTAL EXCHANGE INC | 244,254 |
ARKX | RAVN | RAVEN INDUSTRIES INC | 13,600 |
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.
Is Your Money Earning the Best Possible Rate? (Sponsor)
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.