One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Wednesday. This fund parted with over 60,000 shares of Square Inc. (NASDAQ: SQ), as the price of this ETF gained about 2.6% in Wednesday’s session. Note that this fund is still up significantly in the last year.
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) sold 63,507 shares of Square. At Wednesday’s closing price, this would have valued this sale at roughly $16.9 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 49% in the past year.
Check out all of ARK Invest’s sales for Wednesday as well:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | TWST | Twist Bioscience | 71,425 |
| ARKG | SEER | Seer | 91,963 |
| ARKG | RHHBY | Roche | 203,313 |
| ARKG | REGN | Regeneron Pharmaceuticals | 51,706 |
| ARKG | PSTI | Pluristem Therapeutics | 1,100 |
| ARKG | NVS | Novartis | 133,173 |
| ARKG | MCRB | Seres Therapeutics | 392,172 |
| ARKG | CLLS | Cellectis | 23,399 |
| ARKK | NTDOY | Nintendo | 40,654 |
| ARKK | SHOP | Shopify | 3,000 |
| ARKK | SQ | Square | 63,507 |
| ARKK | TXG | 10X Genomics | 65,063 |
| ARKK | DOCU | Docusign | 39,780 |
| ARKQ | JD | JD.Com | 296,997 |
| ARKQ | BYDDY | BYD | 25,287 |
| ARKQ | PCAR | Paccar | 95 |
| ARKQ | TCEHY | Tencent | 150 |
| ARKW | SE | Sea | 19,744 |
| ARKW | TSLA | Tesla | 8,100 |
| ARKW | TTD | Trade Desk | 66,907 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
