One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Friday. This fund parted with over 85,000 shares of Square Inc. (NASDAQ: SQ), as the price of this ETF gained about 2% in Friday’s session. Note that this fund is still up significantly in the past year.
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) sold 85,487 shares of Square. At Friday’s closing price, this would have valued this sale at roughly $20.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 12% in the past year.
Check out all of ARK Invest’s sales for Friday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | SDGR | SCHRODINGER | 10,905 |
| ARKG | SMFR | SEMA4 | 79,461 |
| ARKK | NSTG | NANOSTRING TECHNOLOGIES | 5,700 |
| ARKK | PRLB | PROTO LABS | 23,130 |
| ARKK | SE | SEA | 18,921 |
| ARKK | IRDM | IRIDIUM COMMUNICATIONS | 180,888 |
| ARKK | SQ | SQUARE | 85,487 |
| ARKK | DOCU | DOCUSIGN | 78,867 |
| ARKQ | NXPI | NXP SEMICONDUCTORS | 1,951 |
| ARKQ | BYDDY | BYD | 14,420 |
| ARKW | LC | LENDINGCLUB | 494 |
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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