One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Tuesday. Specifically, this fund sold over 150,000 shares of Spotify Technology S.A. (NYSE: SPOT | SPOT Price Prediction), as the price of this fund gained about 0.4% in Tuesday’s session. Note that this ETF is up handily in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) bought 156,995 shares of Spotify. At Tuesday’s closing price, this would have valued this purchase at roughly $38.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 76% in the past year.
Check out all of ARK Invest’s buys for Tuesday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | KSPILI | KASPI.KZ JSC | 2,597 |
| ARKG | SURF | SURFACE ONCOLOGY INC | 50,000 |
| ARKG | SEER | SEER INC | 34,873 |
| ARKG | RPTX | REPARE THERAPEUTICS INC | 2,636 |
| ARKG | ONEM | 1LIFE HEALTHCARE INC | 159,300 |
| ARKG | CMIIU | CM LIFE SCIENCES II INC | 3,213 |
| ARKK | CRSP | CRISPR THERAPEUTICS AG | 25,000 |
| ARKK | SPOT | SPOTIFY TECHNOLOGY SA | 156,995 |
| ARKK | PATH | UIPATH INC | 192,457 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA INC | 15,000 |
| ARKQ | U | UNITY SOFTWARE INC | 59,183 |
| ARKQ | TRMB | TRIMBLE INC | 189,913 |
| ARKQ | KTOS | KRATOS DEFENSE & SECURITY SOLUTIONS INC | 21,930 |
| ARKW | U | UNITY SOFTWARE INC | 107,828 |
| ARKX | IRDM | IRIDIUM COMMUNICATIONS INC | 36,239 |
| ARKX | 2618HK | JD LOGISTICS INC | 1,066,971 |
| ARKX | U | UNITY SOFTWARE INC | 26,115 |
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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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