Cathie Wood's ARK Invest Sells Over 550,000 Shares of Pure Storage

Investing

Published: July 8, 2021 9:25 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 550,000 shares of Pure Storage Inc. (NYSE: PSTG) on Wednesday, as the share price of this fund traded down nearly 2% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 558,825 shares of Pure Storage. At Wednesday’s closing price, this would have valued this sale is roughly $10.7 million. This is only a small fraction of the fund’s total holdings. This fund is up 60% 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	SE	Sea	54,753
ARKG	PSTI	Pluristem Therapeutics	1,197
ARKG	CSTL	Castle Biosciences	20,378
ARKG	CDNA	CareDx	7,500
ARKG	BMY	Bristol-Myers Squibb	69,853
ARKG	TXG	10X Gemomics	89,450
ARKK	TCEHY	Tencent Holdings	328,750
ARKK	ROKU	Roku	127,700
ARKK	PSTG	Pure Storage	558,825
ARKK	NVS	Novartis	131,960
ARKK	IOVA	Iovance Biotherapeutics	220,401
ARKK	ICE	Intercontinental Exchange	74,089
ARKK	BEKE	KE Holdings	444,483
ARKQ	RAVN	Raven Industries	157,635
ARKW	HUYA	Huya	81,952
ARKW	LC	LendingClub	73,000
ARKW	ROKU	Roku	28,405
ARKW	BEKE	KE Holdings	291,767
ARKX	RAVN	Raven Industries	54,049

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

ALSO READ: 5 Blue Chip Stocks to Buy With Huge Dividends as Interest Rates Plunge

Travel Cards Are Getting Too Good To Ignore

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.