Cathie Wood's ARK Invest Sells Nearly a Million Shares of Skillz

Investing

Published: October 6, 2021 8:05 am

Last Updated: October 8, 2021 3:06 pm

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.