Cathie Wood's ARK Invest Sold Over $6 Million Worth of Amazon Stock

Investing

Published: December 14, 2021 7:35 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Monday. This fund sold over 1,700 shares of Amazon.com Inc. (NASDAQ: AMZN), while the price of this ETF was down over 2% on the day. Note that the ETF is down a fair amount in the past year.
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It was ARK Next Fintech Innovation ETF (NYSEARCA: ARKF) that sold 1,794 shares of Amazon. At Monday’s closing price, this would have valued this sale at $6.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is down around 14% in the past 12 months.

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

Fund	Ticker	Name	Shares
ARKF	AMZN	AMAZON.COM	1,794
ARKF	INTU	INTUIT	17,787
ARKF	ICE	INTERCONTINENTAL EXCHANGE	122,291
ARKF	FB	FACEBOOK	33,204
ARKG	PFE	PFIZER	155,578
ARKG	REGN	REGENERON PHARMACEUTICALS	12,000
ARKK	IOVA	IOVANCE BIOTHERAPEUTICS	100,398
ARKK	EDIT	EDITAS MEDICINE	202,964
ARKW	LPSN	LIVEPERSON	48,143
ARKW	SHOP	SHOPIFY	12,500
ARKX	BA	BOEING	10,696

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

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