Investing
Cathie Wood's ARK Invest Sells Over 1.8 Million Shares of Pure Storage
Published:
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 1.8 million shares of Pure Storage Inc. (NYSE: PSTG) on Monday, as the share price of this fund traded up nearly 1% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 1,848,162 shares of Pure Storage. At Monday’s closing price, this would have valued this sale at roughly $33.7 million. This is only a small fraction of the fund’s total holdings. This fund is up 48% 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 | SCHW | Charles Schwab | 138,156 |
ARKG | IOVA | Iovance Biotherapeutics | 72,990 |
ARKG | CSTL | Castle Biosciences | 22,604 |
ARKG | CDNA | CareDx | 79,630 |
ARKG | ABBV | AbbVie | 151,641 |
ARKK | NVS | Novartis | 81,600 |
ARKK | PSTG | Pure Storage | 1,848,162 |
ARKK | TCEHY | Tencent | 343,810 |
ARKQ | RAVN | Raven Industries | 64,892 |
ARKQ | ISRG | Intuitive Surgical | 7,724 |
ARKQ | GLEO | Galileo Acquisition | 56 |
ARKW | SHOP | Shopify | 7,840 |
ARKW | OPEN | Opendoor Technologies | 954,300 |
ARKW | NTDOY | Nintendo | 222,811 |
ARKW | HUYA | Huya | 30,000 |
ARKW | BEKE | KE Holdings | 259,723 |
ARKX | AMZN | Amazon.com | 839 |
ARKX | JD | JD.Com | 169,263 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Are You Ahead, or Behind on Retirement? (sponsor)
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: are you ahead, or behind on your retirement goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With SmartAsset’s free tool, you can connect with vetted financial advisors in minutes.
Why wait? Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.