Investing

Cathie Wood's ARK Invest Sells Over 50,000 Shares of Raven Industries

Thinkstock

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 50,000 shares of Raven Industries Inc. (NASDAQ: RAVN) on Monday, as the shares of this fund traded up about 0.9% in the day’s session. The share price has greatly improved over the past year.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 51,714 shares of Raven Industries. At Monday’s closing price, this would have valued this sale at roughly $3.0 million. This is only a small fraction of the total holdings. This fund is up 93% over the past 52 weeks.

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

Fund Ticker Company Shares
ARKF BILL Bill.com 42,797
ARKF DOCU DocuSign 27,465
ARKF INTU Intuit 8,493
ARKG TXG 10X Genomics 47,800
ARKG PSTI Pluristem Therapeutics 15,547
ARKG CSTL Castle Biosciences 22,056
ARKG CDNA CareDx 55,591
ARKQ GLEO Galileo Acquisition 15,000
ARKQ GOOG Alphabet 3,065
ARKQ RAVN Raven Industries 51,714
ARKW PSTG Pure Storage 146
ARKW PLTR Palantir Technologies 21,300
ARKW LC LendingClub 7,397
ARKX IRDM Iridium Communications 37,672


Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.