Cathie Wood’s ARK Invest Sells Over 60,000 Shares of Square

Photo of Chris Lange
By Chris Lange Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Cathie Wood’s ARK Invest Sells Over 60,000 Shares of Square

© Thinkstock

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 | SQ Price Prediction), 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

[nativounit]
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
[recirclink id=928488][wallst_email_signup]

Photo of Chris Lange
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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618