A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Thursday. Specifically, theses fund sold over 160,000 shares of Tesla Inc. (NASDAQ: TSLA), as the price of these funds were up over 1% on the day. Note though that they are up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 144,200 shares of Tesla and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 19,558 shares. At Thursday’s closing price, this would have valued the sales at roughly $117.0 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. ARKK is up 49% in the past year and ARKW is up 48%.
Check out all of ARK Invest’s sales for Thursday as well:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | CLLS | Cellectis | 14,902 |
| ARKG | SEER | Seer | 59,340 |
| ARKG | RHHBY | Roche | 265,501 |
| ARKG | PSTI | Pluristem Therapeutics | 7,505 |
| ARKK | TSLA | Tesla | 144,200 |
| ARKK | SQ | Square | 166,300 |
| ARKK | SHOP | Shopify | 8,221 |
| ARKK | NTDOY | Nintendo | 96,515 |
| ARKK | MCRB | Seres Therapeutics | 246,378 |
| ARKQ | TCEHY | Tencent | 39 |
| ARKW | JD | JD.Com | 100 |
| ARKW | SQ | Square | 41,852 |
| ARKW | TSLA | Tesla | 19,558 |
| ARKW | TTD | Trade Desk | 161,534 |
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.
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