Cathie Wood’s ARK Invest Sells Nearly 200,000 Shares of Snap

By Chris Lange Published Aug 4, 8:25AM EDT

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Cathie Wood’s ARK Invest Sells Nearly 200,000 Shares of Snap — © Wachiwit / iStock

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 200,000 shares of Snap Inc. (NYSE: SNAP | SNAP Price Prediction) on Tuesday, as the share price of this fund traded down 0.6% in the day’s session. The ETF’s share price has greatly improved over the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) parted with 198,442 shares of Snap. At Tuesday’s closing price, this would have valued this sale at roughly $14.6 million. This is only a small fraction of the total holdings. This fund is up 38% over the past 52 weeks.

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

Fund	Ticker	Company	Shares
ARKF	SCHW	Charles Schwab	95
ARKF	SNAP	Snap	198,442
ARKF	TCEHY	Tencent	127,693
ARKG	MCRB	Seres Therapeutics	195,680
ARKG	CLLS	Cellectis	5,518
ARKG	SEER	Seer	14,000
ARKG	RHHBY	Roche	94,417
ARKG	REGN	Regeneron Pharmaceuticals	22,000
ARKG	PSTI	Pluristem Therapeutics	1,500
ARKG	NVS	Novartis	143,100
ARKK	NTDOY	Nintendo	69,100
ARKQ	BYDDY	BYD	38,038
ARKQ	TCEHY	Tencent	1,486
ARKQ	PCAR	Paccar	840
ARKQ	JD	JD.Com	152,401
ARKQ	BZ	Kanzhun	94
ARKX	RAVN	Raven Industries	25

[nativounit]
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.

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