One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 13,000 shares of Alibaba Group Holding Ltd. (NYSE: BABA) shares on Friday, as the price of this ETF was up nearly 2% in Friday’s session. The fund also is up significantly in the past year.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 13,593 shares of Alibaba. At Friday’s closing price, this would have valued this sale at roughly $2.2 million. This is only a small fraction of the total holdings. This ETF is up 45% over the past 52 weeks.
Here are all the ARK Invest sales on Friday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | 1833HK | PING AN HEALTHCARE AND TECHNOLOGY | 7,600 |
ARKF | 6060HK | ZHONGAN ONLINE P&C INSURANCE | 1,717,800 |
ARKF | 9923HK | YEAHKA | 372,000 |
ARKG | RHHBY | ROCHE | 202,400 |
ARKG | PSTI | PLURISTEM THERAPEUTICS | 36,393 |
ARKG | MCRB | SERES THERAPEUTICS | 707,095 |
ARKG | CLLS | CELLECTIS | 4,911 |
ARKG | BMY | BRISTOL-MYERS SQUIBB | 90,757 |
ARKK | IOVA | IOVANCE BIOTHERAPEUTICS | 444,050 |
ARKK | MCRB | SERES THERAPEUTICS | 575,000 |
ARKK | NSTG | NANOSTRING TECHNOLOGIES | 66,400 |
ARKK | NTDOY | NINTENDO | 109,246 |
ARKQ | BABA | ALIBABA | 13,593 |
ARKW | LC | LENDINGCLUB | 102,186 |
ARKW | OKTA | OKTA | 13,824 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.