Cathie Wood’s ARK Invest Sells Over 740,000 Shares of Peloton

By Chris Lange Published Oct 29, 10:10AM EDT

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Cathie Wood’s ARK Invest Sells Over 740,000 Shares of Peloton — © Scott Heins / Getty Images

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 740,000 shares of Peloton Interactive Inc. (NASDAQ: PTON) on Thursday, as the price of this fund was up around 2% in the day’s session. The ETF is up a fair amount in the past year.
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ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 741,008 shares of Peloton. At Thursday’s closing price, this would value this sale at roughly $67.2 million. Note that this is only a small fraction of the total holdings, and the fund is up 38% over the past 52 weeks.
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Check out all the ARK Invest sales for Thursday:

Fund	Ticker	Name	Shares
ARKF	COIN	COINBASE GLOBAL	16,280
ARKF	SE	SEA	15,695
ARKF	PINS	PINTEREST	485,026
ARKG	VEEV	VEEVA SYSTEMS	30,871
ARKG	NSTG	NANOSTRING TECHNOLOGIES	220,022
ARKG	IOVA	IOVANCE BIOTHERAPEUTICS	134,368
ARKK	SHOP	SHOPIFY	14,865
ARKK	SPOT	SPOTIFY TECHNOLOGY	74,392
ARKK	COIN	COINBASE GLOBAL	132,786
ARKK	TSLA	TESLA	49,498
ARKW	PTON	PELOTON INTERACTIVE	741,008
ARKW	COIN	COINBASE GLOBAL	25,187
ARKX	LMT	LOCKHEED MARTIN	20,532

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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About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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