Cathie Wood’s ARK Invest Sells Over 450,000 Shares of Huya

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By Chris Lange Published
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Cathie Wood’s ARK Invest Sells Over 450,000 Shares of Huya

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One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 450,000 shares of HUYA Inc. (NYSE: HUYA) on Thursday, as the share price of this fund traded down about 1% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 453,955 shares of Huya. At Thursday’s closing price, this would have valued this sale at roughly $6.8 million. This is only a small fraction of the total holdings. This fund is up 55% 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
ARKG BMY Bristol-Myers Squibb 37,200
ARKK TCEHY Tencent 340,453
ARKK ROKU Roku 128,923
ARKK IOVA Iovance Biotherapeutics 175,150
ARKQ RAVN Raven Industries 43,000
ARKW TWTR Twitter 135,492
ARKW SPOT Spotify Technology 23,500
ARKW LC LendingClub 37,900
ARKW HUYA Huya 453,955
ARKW Z Zillow 52,900

[nativounit]
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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Photo of Chris Lange
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.

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