A couple of ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 150,000 shares of Alibaba Group Holding Ltd. (NYSE: BABA) shares on Monday, as the price of these ETFs were down in Monday’s session. The funds are still up significantly in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 144,198 shares of Alibaba, and ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold 8,057 shares. At Monday’s closing price, this would have valued this sale at roughly $27.8 million. This is only a small fraction of the total holdings. These ETFs are up 33% or more over the past 52 weeks.
Here are all the sales across ARK Invest funds on Monday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | 4477JP | BASE INC | 48,700 |
| ARKF | TCEHY | TENCENT HOLDINGS LTD | 171,400 |
| ARKF | SQ | SQUARE INC | 34,913 |
| ARKF | GOOG | ALPHABET INC | 6,975 |
| ARKF | BABA | ALIBABA GROUP HOLDING LTD | 144,198 |
| ARKG | VEEV | VEEVA SYSTEMS INC | 50,102 |
| ARKG | TXG | 10X GENOMICS INC | 74,910 |
| ARKG | SRPT | SAREPTA THERAPEUTICS INC | 148,676 |
| ARKG | SEER | SEER INC | 5,115 |
| ARKG | RHHBY | ROCHE HOLDING AG | 62,464 |
| ARKG | PSTI | PLURISTEM THERAPEUTICS INC | 39,600 |
| ARKK | SQ | SQUARE INC | 114,782 |
| ARKK | SHOP | SHOPIFY INC | 18,577 |
| ARKK | PRLB | PROTO LABS INC | 22,529 |
| ARKK | NTDOY | NINTENDO CO LTD | 115,600 |
| ARKK | NSTG | NANOSTRING TECHNOLOGIES INC | 102,244 |
| ARKK | MCRB | SERES THERAPEUTICS INC | 370,736 |
| ARKK | IOVA | IOVANCE BIOTHERAPEUTICS INC | 213,199 |
| ARKK | DOCU | DOCUSIGN INC | 28,788 |
| ARKQ | BYDDY | BYD CO LTD | 14,276 |
| ARKQ | ANSS | ANSYS INC | 10,048 |
| ARKQ | XONE | EXONE CO/THE | 47,203 |
| ARKW | MELI | MERCADOLIBRE INC | 6,264 |
| ARKW | SE | SEA LTD | 37,834 |
| ARKW | TTD | TRADE DESK INC/THE | 174,969 |
| ARKX | BABA | ALIBABA GROUP HOLDING LTD | 8,057 |
| ARKX | NVDA | NVIDIA CORP | 1,600 |
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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