Investing

Cathie Wood's ARK Invest Sells for 7/22

Nikada / E+ via Getty Images

ARK Invest funds slowed down on Thursday after posted a couple strong days back to back. ARKF performed the best out of the group, with the exchange-traded fund up 0.7%, while ARKG did the worst, down about 1.1%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her ETFs to stand up to market headwinds.

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.

Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.

While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major sells that ARK Invest executed on July 22, 2021. Also check out all the ARK Invest buys that took place today.

The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.2 billion. Here are some notable trades in this fund: NO SALES

ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.6 billion. Here are some notable trades in this fund: Sell 65,211 shares of AbbVie & Sell 60,010 shares of CareDx.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $23.1 billion. Here are some notable trades in this fund: Sell 29,513 shares of 10X Genomics Sell 19,378 shares of Twist Bio, Sell 27,000 shares of Pure Storage, & Sell 69,568 shares of DocuSign.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.3 billion. Here are a few of trades of note in this fund: Sell 8,500 shares of Raven Industries & Sell 21,909 shares of BYD.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.6 billion. Here are a couple of notable trades in this fund: Sell 13,000 shares of Opendoor Technologies, Sell 70,700 shares of Nintendo, & Sell 425,950 shares of KE Holdings.

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Trades worth noting in this fund: Sell 7,186 shares of JD.com.

Check out all the sells here:

Fund Direction Ticker Company Shares
ARKG Sell ABBV ABBVIE INC 65,211
ARKG Sell PSTI PLURISTEM THERAPEUTICS INC 6,625
ARKG Sell CSTL CASTLE BIOSCIENCES INC 4,900
ARKG Sell CLLS CELLECTIS SA 100
ARKG Sell CDNA CAREDX INC 60,010
ARKK Sell TXG 10X GENOMICS INC 29,513
ARKK Sell TWST TWIST BIOSCIENCE CORP 19,378
ARKK Sell TCEHY TENCENT HOLDINGS LTD 11,900
ARKK Sell SHOP SHOPIFY INC 5,793
ARKK Sell PSTG PURE STORAGE INC 27,000
ARKK Sell NVS NOVARTIS AG 2,800
ARKK Sell DOCU DOCUSIGN INC 69,568
ARKQ Sell RAVN RAVEN INDUSTRIES INC 8,500
ARKQ Sell BYDDY BYD CO LTD 21,909
ARKW Sell OPEN OPENDOOR TECHNOLOGIES INC 13,000
ARKW Sell NTDOY NINTENDO CO LTD 70,700
ARKW Sell HUYA HUYA INC 81
ARKW Sell BEKE KE HOLDINGS INC 425,950
ARKX Sell JD JD.COM INC 7,186

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.

Essential Tips for Investing (Sponsored)

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.