A few of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Monday. Specifically, these funds sold nearly 1 million shares of JD.com, Inc. (NASDAQ: JD) altogether, as the price of these funds were mostly down on the day. Note though that these funds are up a fair amount in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 318,465 shares of JD.com, and Generation Internet ETF (NYSEARCA: ARKW) sold 651,175 shares. ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold only 750 shares. At Monday’s closing price, this would have valued these sales at roughly $64.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The ARKF and ARKW are up 54% and 60%, respectively, in the past year. ARKX is relatively flat year to date.
Check out all of ARK Invest’s sales for Monday as well:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | JD | JD.com | 318,465 |
| ARKF | BEKE | KE Holdings | 1,282,200 |
| ARKF | TCEHY | Tencent | 629,884 |
| ARKF | PDD | Pinduoduo | 116,153 |
| ARKF | BABA | Alibaba | 99,797 |
| ARKG | NVS | Novartis | 60,066 |
| ARKG | ABBV | AbbVie | 376 |
| ARKG | CDNA | CareDx | 6,763 |
| ARKG | RHHBY | Roche | 148,719 |
| ARKG | PSTI | Pluristem Therapeutics | 3,600 |
| ARKG | PSTG | Pure Storage | 786,175 |
| ARKK | TWST | Twist Bioscience | 55,880 |
| ARKK | TXG | 10X Genomics | 33,437 |
| ARKK | BEKE | KE Holdings | 100,000 |
| ARKQ | RAVN | Raven Industries | 82 |
| ARKQ | BYDDY | BYD | 13,761 |
| ARKQ | BIDU | Baidu | 57,815 |
| ARKW | JD | JD.com | 651,175 |
| ARKW | BEKE | KE Holdings | 3,200 |
| ARKW | BZ | Kanzhun | 24,732 |
| ARKW | OPEN | Opendoor Technologies | 200 |
| ARKW | NTDOY | Nintendo | 84,139 |
| ARKX | BABA | Alibaba | 7,970 |
| ARKX | JD | JD.com | 750 |
| ARKX | RAVN | Raven Industries | 1,800 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and non-voting shareholder of 24/7 Wall St.
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