One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 4,000 shares of Boeing Co. (NYSE: BA) on Monday, as the share price of this fund traded up less than 1% in the day’s session. However, the ETFs share price has remained more or less flat since it came public earlier this year.
[in-text-ad]
ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold 4,023 shares of Boeing. At Monday’s closing price, this would have valued the sale at roughly $872,000. This is only a small fraction of the total holdings. The fund is down about 2% year to date.
Here is a quick look at all the other sales across the ARK ETFs:
| Fund | Ticker | Company Name | Shares |
|---|---|---|---|
| ARKG | VEEV | VEEVA SYSTEMS | 8,844 |
| ARKK | PRLB | PROTO LABS | 154,783 |
| ARKQ | TSLA | TESLA | 2,977 |
| ARKW | PYPL | PAYPAL | 19,752 |
| ARKX | BA | BOEING | 4,023 |
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
