One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Friday. Specifically, this fund sold nearly a million shares of Tesla Inc. (NASDAQ: TSLA), as the price of the fund was down over 1% on the day. Note though that it is up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 63,643 shares of Tesla. At Friday’s closing price, this would have valued the sale at roughly $43.7 million. Even though this is a small fraction of the total holdings, every little bit counts. ARKK is up 52% in the past year.
Check out all of ARK Invest’s sales for Friday as well:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | BEKE | KE Holdings | 300 |
| ARKF | ICE | Intercontinental Exchange | 136,096 |
| ARKF | SCHW | Charles Schwab | 16,000 |
| ARKG | SEER | Seer | 13,188 |
| ARKG | RHHBY | Roche | 60,366 |
| ARKG | PSTI | Pluristem Therapeutics | 2,000 |
| ARKG | PSTG | Pure Storage | 408,556 |
| ARKG | CLLS | Cellectis | 4,400 |
| ARKK | DOCU | Docusign | 34,513 |
| ARKK | TSLA | Tesla | 63,643 |
| ARKK | NTDOY | Nintendo | 62,900 |
| ARKK | MCRB | Seres Therapeutics | 487,221 |
| ARKK | IOVA | Iovance Biotherapeutics | 202,666 |
| ARKK | BEKE | KE Holdings | 110 |
| ARKQ | TCEHY | Tencent | 348,469 |
| ARKQ | PCAR | Paccar | 38,318 |
| ARKQ | BZ | Kanzhun | 2,273 |
| ARKQ | BYDDY | BYD | 52,115 |
| ARKW | JD | JD.Com | 2,011 |
| ARKW | BZ | Kanzhun | 1,971 |
| ARKW | TCEHY | Tencent | 2,157 |
| ARKW | SQ | Square | 46,268 |
| ARKW | SKLZ | Skillz | 87,511 |
| ARKW | PDD | Pinduoduo | 506 |
| ARKW | OPEN | Opendoor Technologies | 35 |
| ARKX | RAVN | Raven Industries | 50 |
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.
24/7 Wall St.The Average American Is Losing Momentum on Their Savings Every Day (Sponsor)
If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%* today. Checking accounts are even worse.
But there is good news. To win qualified customers, some accounts are paying nearly 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.
Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.