Investing
Cathie Wood's ARK Invest Sells Nearly $9 Million Worth of Amazon Stock
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Monday. This fund sold over 2,500 shares of Amazon.com Inc. (NASDAQ: AMZN), as the price of this ETF was down about 3% on the day. Note that this stock is still up handily in the past year.
It was ARK Next Fintech Innovation ETF (NYSEARCA: ARKF) that sold 2,605 shares of Amazon. At Monday’s closing price, this would have valued this sale at $8.7 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up over 36% in the past 12 months.
Check out all of ARK Invest’s Sells for Monday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | 9923HK | YEAHKA | 281,200 |
| ARKF | INTU | INTUIT | 6,093 |
| ARKF | DOCU | DOCUSIGN | 18,613 |
| ARKF | AMZN | AMAZON.COM | 2,605 |
| ARKG | SMFR | SEMA4 | 87,340 |
| ARKG | NVS | NOVARTIS | 37,238 |
| ARKK | NTDOY | NINTENDO | 42,500 |
| ARKK | TWLO | TWILIO | 134,211 |
| ARKK | TER | TERADYNE | 89,816 |
| ARKK | SE | SEA | 162,374 |
| ARKK | PRLB | PROTO LABS | 33,400 |
| ARKK | IRDM | IRIDIUM COMMUNICATIONS | 61,565 |
| ARKX | NVDA | NVIDIA | 10,400 |
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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