Investing

Cathie Wood's ARK Invest Sells Nearly 3,000 Shares of Tesla

Chris Lange

Published: October 19, 2021 8:25 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Monday. Specifically, this fund sold nearly 3,000 shares of Tesla Inc. (NASDAQ: TSLA), as the price of the fund was up around 1% on the day. Note that it is up a fair amount in the past year.
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It was the ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) that sold 2,977 shares of Tesla. At Monday’s closing price, this would have valued the sale at roughly $2.6 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 30% in the past year.

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

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.
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