Cathie Wood’s ARK Invest Dumps Another Million Shares of JD.com

By Chris Lange Updated Jul 28, 10:20AM EDT · Published Jul 28, 8:05AM EDT

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Cathie Wood’s ARK Invest Dumps Another Million Shares of JD.com — © JD.com

Some ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Tuesday. Specifically, these funds sold nearly a million shares of JD.com Inc. (NASDAQ: JD | JD Price Prediction) altogether, as the price of these funds were all down over 2% on the day. Note though that these funds are each up a fair amount in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 259,873 shares of JD.com, while Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 324,068 shares and ARK Next Generation ETF (NYSEARCA: ARKW) sold 405,495 shares. At Tuesday’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 ARKQ are up 46% each in the past year. ARKW is up over 52%.

Check out all of ARK Invest’s sales for Tuesday as well:

Fund	Ticker	Company	Shares
ARKF	WDAY	WORKDAY	81,618
ARKF	1833HK	PING AN HEALTHCARE AND TECHNOLOGY	2,097,800
ARKF	PDD	PINDUODUO	182,575
ARKF	JD	JD.COM	259,873
ARKF	3690HK	MEITUAN	1,257,639
ARKG	TAK	TAKEDA PHARMACEUTICAL	119,671
ARKG	TXG	10X GENOMICS	57,031
ARKG	SEER	SEER	176,617
ARKG	RHHBY	ROCHE HOLDING	38,100
ARKG	NVS	NOVARTIS	47,098
ARKG	CLLS	CELLECTIS	3,150
ARKG	CDNA	CAREDX	18,950
ARKG	BMY	BRISTOL-MYERS SQUIBB	124,113
ARKK	TXG	10X GENOMICS	42,689
ARKK	TWST	TWIST BIOSCIENCE	9,600
ARKK	SKLZ	SKILLZ	537,196
ARKQ	PCAR	PACCAR	69,400
ARKQ	JD	JD.COM	324,068
ARKQ	BZ	KANZHUN	236,700
ARKQ	BYDDY	BYD	80,951
ARKQ	BIDU	BAIDU	116,556
ARKW	BZ	KANZHUN	775,783
ARKW	NFLX	NETFLIX	21,937
ARKW	TCEHY	TENCENT	284,600
ARKW	JD	JD.COM	405,495
ARKW	PDD	PINDUODUO	726,516
ARKW	NTDOY	NINTENDO	43,140
ARKX	2618HK	JD LOGISTICS	3,133,785
ARKX	TCEHY	TENCENT	67,800

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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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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.