Cathie Wood’s ARK Invest Sells Over $39 Million Worth of Zillow Shares

Photo of Chris Lange
By Chris Lange Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
Cathie Wood’s ARK Invest Sells Over $39 Million Worth of Zillow Shares

© SondraP / iStock via Getty Images

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold more than 600,000 shares of Zillow Group Inc. (NASDAQ: Z) on Monday. The share price of these ETFs were mixed on the day, but they are still up significantly in the past year.
[in-text-ad]
ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 143,228 shares of Zillow and ARK Innovation ETF (NYSEARCA: ARKK | ARKK Price Prediction) sold 471,622 shares on Monday. At Zillow’s latest closing price, this would have valued the sale at roughly $39.1 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. These funds up 20% or so in the past year.
[nativounit]
Here’s a look at all the ARK Invest sales for Monday:

Fund Ticker Name Shares
ARKF OPEN OPENDOOR TECHNOLOGIES 568,263
ARKF INTU INTUIT 15,931
ARKF Z ZILLOW 143,228
ARKG VEEV VEEVA SYSTEMS 11,936
ARKG TAK TAKEDA PHARMACEUTICAL 31,717
ARKG REGN REGENERON PHARMACEUTICALS 21,494
ARKG CLLS CELLECTIS 100
ARKG CDXS CODEXIS 5,819
ARKK Z ZILLOW 471,622
ARKQ LMT LOCKHEED MARTIN 20,232
ARKQ GOOG ALPHABET 2,662
ARKW NET CLOUDFLARE 77,042
ARKW U UNITY SOFTWARE 90,817
ARKX U UNITY SOFTWARE 12,356

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.
[recirclink id=993394][wallst_email_signup]

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618