Cathie Wood's ARK Invest Sells Over 60,000 Shares of Tesla

Investing

Published: August 2, 2021 8:45 am

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.
Why Big Oil With Big Dividends Is the Best Energy Trade Now

In 20 Years, I Haven’t Seen A Cash Back Card This Good

After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.

A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.

Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.