Cathie Wood's ARK Invest Sells Over $14.5 Million Worth of Shopify

Investing

Published: August 18, 2021 8:45 am

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold nearly 10,000 shares of Shopify Inc. (NYSE: SHOP) shares on Tuesday, as the price of these ETFs were down around 1% in Tuesday’s session. The funds are still up significantly in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 2,331 shares, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 7,462 shares. At Tuesday’s closing price, this would have valued these sales at roughly $14.5 million. This is only a small fraction of the total holdings. These funds are up 34% or more in past 52 weeks.

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

Fund	Ticker	Company	Shares
ARKF	1833HK	PING AN HEALTHCARE AND TECHNOLOGY	512,200
ARKG	SRPT	SAREPTA THERAPEUTICS INC	33,751
ARKG	RHHBY	ROCHE HOLDING AG	100,262
ARKG	REGN	REGENERON PHARMACEUTICALS INC	25,962
ARKG	NVS	NOVARTIS AG	30,729
ARKK	TXG	10X GENOMICS INC	65,754
ARKK	SHOP	SHOPIFY INC	2,331
ARKK	DOCU	DOCUSIGN INC	23,849
ARKK	SE	SEA LTD	71,699
ARKK	PRLB	PROTO LABS INC	57,698
ARKK	NTDOY	NINTENDO CO LTD	71,800
ARKK	NSTG	NANOSTRING TECHNOLOGIES INC	6,106
ARKK	MCRB	SERES THERAPEUTICS INC	29,880
ARKK	IOVA	IOVANCE BIOTHERAPEUTICS INC	112,820
ARKQ	XONE	EXONE CO/THE	35,000
ARKQ	BYDDY	BYD CO LTD	15,664
ARKQ	BIDU	BAIDU INC	57,006
ARKQ	ANSS	ANSYS INC	855
ARKW	SE	SEA LTD	34,847
ARKW	SHOP	SHOPIFY INC	7,462
ARKX	NVDA	NVIDIA CORP	1,482
ARKX	TRMB	TRIMBLE INC	16,550

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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