Investing
Cathie Wood's ARK Invest Sells Over $93 Million Worth of Meta Stock
Published:
A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 270,000 shares of Meta Inc. (NASDAQ: FB) shares on Monday, as the prices of these ETFs lost over 4% in Monday’s session. These funds are up significantly in the past year.
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ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 157,892 shares of the company formerly known as Facebook, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 115,833 shares. At Monday’s closing price, this would have valued these sales at roughly $93.3 million. This is only a small fraction of the total holdings. These funds are up between 6% and 15% over the past 52 weeks.
Here are all the ARK Invest sales for Monday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | FB | 157,892 | |
ARKF | OPEN | OPENDOOR TECHNOLOGIES | 322,500 |
ARKF | PAGS | PAGSEGURO DIGITAL | 175,826 |
ARKF | PYPL | PAYPAL HOLDINGS | 125,423 |
ARKG | VEEV | VEEVA SYSTEMS | 40,656 |
ARKG | VRTX | VERTEX PHARMACEUTICALS | 95,438 |
ARKG | TAK | TAKEDA PHARMACEUTICAL | 28,133 |
ARKG | REGN | REGENERON PHARMACEUTICALS | 17,100 |
ARKG | INCY | INCYTE | 122,176 |
ARKG | CSTL | CASTLE BIOSCIENCES | 16,703 |
ARKG | CDXS | CODEXIS | 231,042 |
ARKK | TSLA | TESLA | 97,592 |
ARKQ | LMT | LOCKHEED MARTIN | 6,800 |
ARKQ | TSLA | TESLA | 21,636 |
ARKW | TSLA | TESLA | 63,055 |
ARKW | ETSY | ETSY | 79,263 |
ARKW | FTCH | FARFETCH | 1,150,248 |
ARKW | FB | 115,833 | |
ARKX | ANSS | ANSYS | 2,012 |
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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