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.
[in-text-ad]
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.
Why Dividend-Paying Aerospace and Defense Stocks Should Be Bought Now

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.