Cathie Wood’s ARK Invest Sells Over 280,000 Shares of Twitter

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 280,000 Shares of Twitter

© Andrew Burton / Getty Images

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 280,000 shares of Twitter Inc. (NYSE: TWTR) shares on Wednesday, as the price of this ETF was relatively flat in Wednesday’s session. The fund is still up significantly in the past year.

ARK Innovation ETF (NYSEARCA: ARKK | ARKK Price Prediction) sold 280,031 shares of Twitter. At Wednesday’s closing price, this would have valued this sale at roughly $18.3 million. This is only a small fraction of the total holdings. The fund is up 51% over the past 52 weeks.

Here are all the sales across ARK Invest funds on Wednesday:

Fund Ticker Company Shares
ARKF 4477JP BASE INC 576,200
ARKG TAK TAKEDA PHARMACEUTICAL CO LTD 189,804
ARKG SEER SEER INC 7,800
ARKG REGN REGENERON PHARMACEUTICALS INC 13,326
ARKG PSTI PLURISTEM THERAPEUTICS INC 45,155
ARKG PSTG PURE STORAGE INC 131,501
ARKG NVS NOVARTIS AG 86,320
ARKK TWTR TWITTER INC 280,031
ARKK NTDOY NINTENDO CO LTD 88,300
ARKK MCRB SERES THERAPEUTICS INC 187,418
ARKK DOCU DOCUSIGN INC 63,863
ARKQ BIDU BAIDU INC 33,570
ARKW NFLX NETFLIX INC 1,627
ARKX GRMN GARMIN LTD 3,839

[nativounit]
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
[recirclink id=933292][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