Investing
Cathie Wood's ARK Invest Sells Nearly a Million Shares of Skillz
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One ARK exchange-traded fund run by ETF star Cathie Wood sold nearly a million shares of Skillz Inc. (NYSE: SKLZ) shares on Tuesday, as the price of this ETF traded up around 1% in the day’s session. The fund is up significantly in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 952,252 shares of Skillz. At Tuesday’s closing price, this would have valued this sale at roughly $8.3 million. This is only a small fraction of the total holdings. The fund is up 15% over the past 52 weeks.
Here’s a look at all the other sales across ARK Invest funds:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | 4689JP | Z HOLDINGS | 2,431,491 |
| ARKF | SI | SILVERGATE CAPITAL | 43,349 |
| ARKF | OPEN | OPENDOOR TECHNOLOGIES | 57,830 |
| ARKG | VRTX | VERTEX PHARMACEUTICALS | 40,413 |
| ARKG | SMFR | SEMA4 | 2,453 |
| ARKG | CLLS | CELLECTIS | 23,802 |
| ARKG | SDGR | SCHRODINGER | 8,800 |
| ARKG | REGN | REGENERON PHARMACEUTICALS | 19,128 |
| ARKK | PRLB | PROTO LABS | 44,700 |
| ARKK | SKLZ | SKILLZ | 952,252 |
| ARKQ | BYDDY | BYD | 26,237 |
| ARKW | SE | SEA | 16,517 |
| ARKW | PYPL | PAYPAL | 43,209 |
| ARKX | HOFP | THALES | 66,347 |
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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