Cathie Wood's ARK Invest Sells Nearly $30 Million Worth of Alphabet

Investing

Published: August 24, 2021 8:45 am

A couple ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 10,000 shares of Alphabet Inc. (NASDAQ: GOOG) on Monday, as the share price of these funds traded up around 2% in the day’s session. The share prices of these funds have greatly improved over the past year.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 9,464 shares of Alphabet and ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold 1,036 shares. At Monday’s closing prices, this would have valued these sales at roughly $29.6 million altogether. This is only a small fraction of the total holdings. While the robotics ETF is up 46% over the past 52 weeks, the space exploration ETF is relatively flat on the year.

Here is a quick look at all the other sales that took place across all ARK ETFs:

FUND	Ticker	Name	Shares
ARKG	RHHBY	ROCHE	255342
ARKG	SEER	SEER INC	117358
ARKG	PSTI	PLURISTEM THERAPEUTICS	12848
ARKK	PRLB	PROTO LABS	54165
ARKK	NTDOY	NINTENDO	91000
ARKK	MCRB	SERES THERAPEUTICS	184949
ARKQ	GOOG	ALPHABET	9464
ARKQ	TDY	TELEDYNE TECHNOLOGIES	8605
ARKQ	XONE	EXONE	104600
ARKW	MELI	MERCADOLIBRE	7961
ARKX	BABA	ALIBABA GROUP	16621
ARKX	GOOG	ALPHABET	1036
ARKX	GRMN	GARMIN	5238
ARKX	SNPS	SYNOPSYS	5580

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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