Cathie Wood's ARK Invest Sells Over $91 Million Worth of Unity Software Shares

Investing

Published: November 30, 2021 8:05 am

Some ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Tuesday. These funds sold over 530,000 shares of Unity Software Inc. (NYSE: U) altogether, as the price of these ETFs gained around 1% on the day. Note that they are somewhat mixed in the past year.
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ARK Innovation ETF (NYSEARCA: ARKK) sold 334,800 shares of this video game software developer, while ARK Robotics ETF (NYSEARCA: ARKQ) sold 185,740 shares and ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold 14,130 shares. At Monday’s closing price, this would have valued these sales at $91 million. Even though this is a small fraction of the total holdings, every little bit counts. The robotics fund is up over 20% in the past 12 months, while the others are down around 3% or so.

Check out all of ARK Invest’s sales for Monday:

Fund	Ticker	Name	Shares
ARKF	JD	JD.COM	184,850
ARKF	TCEHY	TENCENT	168,432
ARKG	PFE	PFIZER	55,337
ARKG	REGN	REGENERON PHARMACEUTICALS	15,900
ARKG	CSTL	CASTLE BIOSCIENCES	1,800
ARKG	CDXS	CODEXIS	22,000
ARKG	TAK	TAKEDA PHARMACEUTICAL	65,424
ARKK	U	UNITY SOFTWARE	334,800
ARKQ	U	UNITY SOFTWARE	185,740
ARKW	NET	CLOUDFLARE	49,214
ARKX	U	UNITY SOFTWARE	14,130

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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