Cathie Wood's ARK Invest Sells Over $21 Million Worth of Unity Software Shares

Investing

Published: October 15, 2021 7:55 am

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.
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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.

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