Cathie Wood's ARK Invest Sells Nearly 1 Million Shares of Opendoor Technologies

Investing

Published: July 21, 2021 9:05 am

Last Updated: August 10, 2021 2:29 pm

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly a million shares of Opendoor Technologies Inc. (NASDAQ: OPEN) on Tuesday, as the share price of this fund traded up about 2% in the day’s session. The fund’s share price has greatly improved over the past year.

Specifically, ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 999,309 shares of Opendoor Technologies. At Tuesday’s closing price, this would have valued this sale at roughly $14.6 million. This is only a small fraction of the total holdings. This fund is up 47% 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	111,986
ARKG	TXG	10X Genomics	56,278
ARKG	PSTI	Pluristem Therapeutics	200
ARKG	CSTL	Castle Biosciences	34,222
ARKG	CLLS	Cellectis	27,749
ARKG	CDNA	CareDx	152,518
ARKG	ABBV	AbbVie	257,186
ARKK	TCEHY	Tencent	188,625
ARKK	PSTG	Pure Storage	1,588,406
ARKK	NVS	Novartis	40,000
ARKQ	ISRG	Intuitive Surgical	3,125
ARKQ	RAVN	Raven Industries	190,828
ARKW	HUYA	Huya	5,500
ARKW	NTDOY	Nintendo	116,900
ARKW	OPEN	Opendoor Technologies	999,309
ARKW	BEKE	KE Holdings	300,972
ARKX	DSYFP	Dassault Systems	34,548

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

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