Cathie Wood's ARK Invest Sells Over 40,000 Shares of Baidu

Investing

Published: August 19, 2021 9:52 am

Last Updated: August 19, 2021 12:04 pm

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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