Cathie Wood's ARK Invest Sells Nearly $36 Million Worth of Unity Software Shares

Investing

Published: November 10, 2021 7:55 am

Some ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Tuesday. These funds sold over 205,000 shares of Unity Software Inc. (NYSE: U) altogether, as the price of these ETFs lost more than 1% on the day. Note that they are still up handily in the past year.
[in-text-ad]
Here’s a rundown of the sales:

ARK Innovation ETF (NYSEARCA: ARKK) sold 121,968 shares of Unity Software
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ): 47,465 shares.
ARK Next Generation Internet ETF (NYSEARCA: ARKW): 33,281 shares
ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX): 5,343 shares

At Tuesday’s closing price, this would have valued this sale at $35.7 million. Even though this is a small fraction of the total holdings, every little bit counts. These funds are up between 4% and 41% in the past 12 months.

Check out all the ARK Invest sales for Tuesday:

Fund	Ticker	Name	Shares
ARKG	REGN	REGENERON PHARMACEUTICALS	17,447
ARKG	PFE	PFIZER	238,235
ARKG	CSTL	CASTLE BIOSCIENCES	200
ARKG	CLLS	CELLECTIS	25,000
ARKK	PRLB	PROTO LABS	23,707
ARKK	U	UNITY SOFTWARE	121,968
ARKQ	U	UNITY SOFTWARE	47,465
ARKW	RBLX	ROBLOX	82,267
ARKW	U	UNITY SOFTWARE	33,281
ARKX	U	UNITY SOFTWARE	5,343

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.
5 Defensive Dividend Stocks to Buy Now for the Massive Surge of Inflation

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.