Investing
Cathie Wood's ARK Invest Sells Over $91 Million Worth of Unity Software Shares
Published:
A couple ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Thursday. These funds sold over 400,000 shares of Unity Software Inc. (NYSE: U) altogether, as the prices of these funds were mixed on the day. Note that these ETFs are still up handily in the past year.
[in-text-ad]
ARK Innovation ETF (NYSEARCA: ARKK) that sold 443,473 shares of Unity, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 57,398 shares as well. At Thursday’s closing price, this would have valued these sales at $91.2 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation ETF is up 21% in the past 12 months, while the other is up 32%.
Check out all of ARK Invest’s trades for Thursday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | VEEV | VEEVA SYSTEMS | 22,606 |
| ARKG | REGN | REGENERON PHARMACEUTICALS | 15,885 |
| ARKG | PFE | PFIZER | 407,075 |
| ARKG | NSTG | NANOSTRING TECHNOLOGIES | 752 |
| ARKG | IOVA | IOVANCE BIOTHERAPEUTICS | 70,800 |
| ARKG | CLLS | CELLECTIS | 18,107 |
| ARKG | CDXS | CODEXIS | 34,243 |
| ARKK | Z | ZILLOW | 137,710 |
| ARKK | U | UNITY SOFTWARE | 443,473 |
| ARKK | PRLB | PROTO LABS | 29,096 |
| ARKK | NSTG | NANOSTRING TECHNOLOGIES | 1,050 |
| ARKK | COIN | COINBASE GLOBAL | 124,316 |
| ARKW | COIN | COINBASE GLOBAL | 31,658 |
| ARKW | PYPL | PAYPAL HOLDINGS | 100 |
| ARKW | U | UNITY SOFTWARE | 57,398 |
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.
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
