Cathie Wood's ARK Invest Sells Over 60,000 Shares of Tesla

Investing

Published: October 7, 2021 8:05 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Wednesday. Specifically, this fund sold over 60,000 shares of Tesla Inc. (NASDAQ: TSLA), as the price of the fund was up around 1% on the day. Note though that it is up a fair amount in the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 63,135 shares of Tesla. At Wednesday’s closing price, this would have valued the sale at roughly $49.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 17% in the past year.

Check out all of ARK Invest’s sales for Wednesday as well:

Fund	Ticker	Name	Shares
ARKG	SMFR	SEMA4	626,139
ARKG	VRTX	VERTEX PHARMACEUTICALS	67,671
ARKG	SDGR	SCHRODINGER	22,860
ARKG	REGN	REGENERON PHARMACEUTICALS	30,723
ARKG	IOVA	IOVANCE BIOTHERAPEUTICS	65,866
ARKK	NSTG	NANOSTRING TECHNOLOGIES	73,214
ARKK	SE	SEA	62,700
ARKK	TSLA	TESLA	63,135
ARKK	PRLB	PROTO LABS	65,032
ARKQ	BYDDY	BYD	14,050
ARKX	HOFP	THALES	14,900

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.

24/7 Wall St.
Cathie Wood’s ARK Invest Buys Over 8 Million Shares of Ginkgo Bioworks

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