Cathie Wood’s ARK Invest Sells Over $18 Million Worth of Unity Software Shares

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By Chris Lange Published
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Cathie Wood’s ARK Invest Sells Over $18 Million Worth of Unity Software Shares

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One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Friday. This fund sold over 130,000 shares of Unity Software Inc. (NYSE: U | U Price Prediction), as the price of this ETF lost more than 1% on the day. Note that this stock is still up handily in the past year.

It was ARK Innovation ETF (NYSEARCA: ARKK) that sold 138,794 shares of Unity. At Friday’s closing price, this would have valued this sale at $18.8 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up over 42% in the past 12 months.

Check out all of ARK Invest’s Sells for Friday:

Fund Ticker Name Shares
ARKF 6060HK ZHONGAN ONLINE P&C INSURANCE 1,061,200
ARKF 9923HK YEAHKA 314,800
ARKG DRNA DICERNA PHARMACEUTICALS 1,937
ARKG RHHBY ROCHE 1,549
ARKG PSTI PLURISTEM THERAPEUTICS 3,033
ARKG PSTG PURE STORAGE 1,452
ARKG CLLS CELLECTIS 600
ARKG CRBU CARIBOU BIOSCIENCES 10,700
ARKG NVS NOVARTIS 59,691
ARKK U UNITY SOFTWARE 138,794
ARKK NTDOY NINTENDO 5,600
ARKK NSTG NANOSTRING TECHNOLOGIES 55,617
ARKK IOVA IOVANCE BIOTHERAPEUTICS 132,377
ARKQ NVDA NVIDIA 300
ARKQ IRDM IRIDIUM COMMUNICATIONS 103,777
ARKQ TRMB TRIMBLE 15,880
ARKW ADYEY ADYEN 13,800
ARKW LC LENDINGCLUB 54,230
ARKW TTD TRADE DESK 8,816
ARKX SPR SPIRIT AEROSYSTEMS 31,086

[nativounit]
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of a673b.bigscoots-temp.com.
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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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