Investing
Cathie Wood's ARK Invest Sells Over 40,000 Shares of Baidu
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 40,000 shares of Baidu Inc. (NASDAQ: BIDU) on Wednesday, as the share price of this fund traded relatively flat in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKK) sold 44,810 shares of Baidu. At Wednesday’s closing price, this would have valued this sale at roughly $6.4 million. This is only a small fraction of the total holdings. This fund is up 43% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | 1833HK | Ping An Healthcare and Technology | 451,500 |
| ARKG | TXG | 10X Genomics | 48,490 |
| ARKG | SRPT | Sarepta Therapeutics | 73,604 |
| ARKG | RHHBY | Roche | 140,600 |
| ARKG | REGN | Regeneron Pharmaceuticals | 19,393 |
| ARKG | PSTI | Pluristem Therapeutics | 9,907 |
| ARKG | NVS | Novartis | 52,621 |
| ARKK | MCRB | Seres Therapeutics | 3,968 |
| ARKK | SQ | Square | 1,887 |
| ARKK | DOCU | Docusign | 57,133 |
| ARKK | PRLB | Proto Labs | 700 |
| ARKK | NTDOY | Nintendo | 77,571 |
| ARKK | NSTG | Nanostring Technologies | 12,355 |
| ARKQ | XONE | Exone | 82,472 |
| ARKQ | BIDU | Baidu | 44,810 |
| ARKW | SHOP | Shopify | 5,400 |
| ARKX | AIRFP | Airbus | 22,114 |
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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