Cathie Wood’s ARK Invest Sells Over 85,000 Shares of Square

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By Chris Lange Published
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Cathie Wood’s ARK Invest Sells Over 85,000 Shares of Square

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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 | SQ Price Prediction), 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

[nativounit]
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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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