Investing
Cathie Wood's ARK Invest Sells Over $21 Million Worth of Unity Software Shares
Published:
One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Thursday. This fund sold nearly 150,000 shares of Unity Software Inc. (NYSE: U), as the price of this fund gained more than 1% on the day. Note that this ETF is still up handily in the past year.
[in-text-ad]
It was ARK Innovation ETF (NYSEARCA: ARKK) that sold 148,768 shares of Unity. At Thursday’s closing price, this would have valued this sale at $21.0 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up over 13% in the past 12 months.
Check out all of ARK Invest’s trades for Thursday:
| Fund | Direction | Ticker | Name | Shares |
|---|---|---|---|---|
| ARKG | Buy | DYNS | DYNAMICS SPECIAL PURPOSE | 55,000 |
| ARKG | Buy | SLGC | SOMALOGIC | 197,172 |
| ARKG | Buy | VCYT | VERACYTE | 603 |
| ARKK | Sell | PRLB | PROTO LABS | 271,874 |
| ARKK | Sell | U | UNITY SOFTWARE | 148,768 |
| ARKQ | Buy | BLDE | BLADE AIR MOBILITY | 101,265 |
| ARKQ | Buy | TWOU | 2U INC | 511 |
| ARKQ | Buy | VLD | VELO3D | 50,249 |
| ARKX | Buy | MKFG | MARKFORGED | 11,298 |
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.
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
