Cathie Wood’s ARK Invest Sells Over $93 Million Worth of Meta Stock

By Chris Lange Published Nov 23, 9:15AM EST

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Cathie Wood’s ARK Invest Sells Over $93 Million Worth of Meta Stock — © Chip Somodevilla / Getty Images

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.
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Here are all the ARK Invest sales for Monday:

Fund	Ticker	Name	Shares
ARKF	FB	FACEBOOK	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	FACEBOOK	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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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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