Cathie Wood's ARK Invest Sells Over 700,000 Shares of Pure Storage

Investing

Published: July 13, 2021 9:35 am

A couple ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 700,000 shares of Pure Storage Inc. (NYSE: PSTG) on Monday, as the share price of these funds traded down around 1% in the day’s session. Their share prices have greatly improved over the past year.

ARK Genomic Revolution ETF (NYSEARCA: ARKG) sold 100,000 shares of Pure Storage, while ARK Innovation ETF (NYSEARCA: ARKK) sold 600,644 shares. At Monday’s closing price, this would have valued this sale at roughly $13.2 million. This is only a small fraction of the total holdings. ARKG is up 60% over the past 52 weeks, and ARKK is up 57%.

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

Fund	Ticker	Company	Shares
ARKF	JD	JD.Com	66,600
ARKG	PSTI	Pluristem Therapeutics	1,775
ARKG	PSTG	Pure Storage	100,000
ARKG	CDNA	CareDx	500
ARKG	BMY	Bristol-Myers Squibb	154,834
ARKK	TCEHY	Tencent Holdings	352,991
ARKK	PSTG	Pure Storage	600,644
ARKK	NVS	Novartis	120,883
ARKW	HUYA	Huya	656,488
ARKW	LC	LendingClub	140,855
ARKW	OPEN	Opendoor Technologies	198,519
ARKW	PYPL	Paypal Holdings	43,302
ARKW	ROKU	Roku	20,600

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.

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