Cathie Wood's ARK Invest Sells Over 2 Million Shares of KE Holdings

Investing

Published: July 26, 2021 8:25 am

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 2 million shares of KE Holdings Inc. (NYSE: BEKE) on Friday, as the share price of this fund traded up less than 1% in Friday’s session. The fund’s share price has pushed much higher in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 2,033,197 shares of this Chinese online real estate services provider, while and ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 28,000 shares. At Friday’s closing price, this would have valued these sales at roughly $69.6 million. This is only a small fraction of the total holdings. The funds are up 54% or more over the past 52 weeks.

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

Fund	Ticker	Company	Shares
ARKG	RHHBY	Roche	32,324
ARKG	ABBV	AbbVie	7,400
ARKG	NVS	Novartis	242,578
ARKG	CSTL	Castle Biosciences	28,497
ARKG	CLLS	Cellectis	7,194
ARKG	CDNA	CareDx	53,452
ARKG	BMY	Bristol-Myers Squibb	63,100
ARKK	NVS	Novartis	216
ARKK	PSTG	Pure Storage	350
ARKK	ROKU	Roku	59,042
ARKK	TCEHY	Tencent	134
ARKK	TWST	Twist Bioscience	5,672
ARKK	DOCU	Docusign	39,242
ARKK	TXG	10X Genomics	19,665
ARKK	BEKE	KE Holdings	2,033,197
ARKQ	BYDDY	BYD	13,384
ARKQ	NXPI	NXP Semiconductors	7,083
ARKQ	RAVN	Raven Industries	900
ARKW	BEKE	KE Holdings	28,000
ARKW	NTDOY	Nintendo	92,530
ARKW	OPEN	Opendoor Technologies	1,500

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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