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

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

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One ARK exchange-traded fund run by ETF star Cathie Wood sold nearly 50,000 shares of Facebook Inc. (NASDAQ: FB) shares on Monday, as the price of this ETF lost nearly 2% in Monday’s session. The fund is up significantly in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 47,842 shares of Facebook. At Monday’s closing price, this would have valued this sell at roughly $18 million. This is only a small fraction of the total holdings. The fund is up 40% over the past 52 weeks.

Here are all the other ARK Invest sales for Monday:

Fund Ticker Name Shares
ARKF 6060HK ZHONGAN ONLINE P&C INSURANCE 537,882
ARKF 9923HK YEAHKA 400,800
ARKF FB FACEBOOK 47,842
ARKF JD JD.COM 135,536
ARKG RHHBY ROCHE 96
ARKG PSTI PLURISTEM THERAPEUTICS 92
ARKG PSTG PURE STORAGE 96
ARKG DRNA DICERNA PHARMACEUTICALS 96
ARKG CRBU CARIBOU BIOSCIENCES 307
ARKG CLLS CELLECTIS 12,773
ARKG CDXS CODEXIS 12,958
ARKG BMY BRISTOL-MYERS SQUIBB 458,088
ARKK TER TERADYNE 83,450
ARKK TRMB TRIMBLE 63,695
ARKK NTDOY NINTENDO 76,700
ARKK NSTG NANOSTRING TECHNOLOGIES 6,840
ARKK IOVA IOVANCE BIOTHERAPEUTICS 542,589
ARKK EDIT EDITAS MEDICINE 84,388
ARKQ IRDM IRIDIUM COMMUNICATIONS 86,984
ARKQ NVDA NVIDIA 50
ARKW LC LENDINGCLUB 95,707
ARKW TTD TRADE DESK 1,100
ARKW U UNITY SOFTWARE 212,788
ARKW ADYEY ADYEN 534,912

[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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