Cathie Wood’s ARK Invest Sells Over 140,000 More Shares of Pfizer

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By Chris Lange Published
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Cathie Wood’s ARK Invest Sells Over 140,000 More Shares of Pfizer

© Jeenah Moon / Getty Images News via Getty Images

A day after one ARK Invest exchange-traded fund run by ETF star Cathie Wood parted with more than $11 million worth of Pfizer Inc. (NYSE: PFE | PFE Price Prediction) shares, that fund was back at it on Wednesday. Specifically, it sold over 140,000 more shares, as the price of this ETF pulled back over 4% in the day’s session. However, it is up a fair amount in the past year.
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It was ARK Genomic Revolution ETF (NYSEARCA: ARKG) that shed 140,713 shares of Pfizer. At Wednesday’s closing price, this would have valued this sale at roughly $6.9 million. This is only a small fraction of the total holdings. The fund is up about 7% over the past 52 weeks.

Check out all the ARK Invest sales for Wednesday:

Fund Ticker Name Shares
ARKG CLLS CELLECTIS 8,300
ARKG PFE PFIZER 140,713
ARKG REGN REGENERON PHARMACEUTICALS 11,602
ARKK U UNITY SOFTWARE 113,490
ARKQ U UNITY SOFTWARE 15,700
ARKW U UNITY SOFTWARE 28,889

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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Photo of Chris Lange
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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