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

By Chris Lange Published Dec 14, 7:35AM EST

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

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 | AMZN Price Prediction), 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.
[in-text-ad]
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.
[nativounit]
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.
[recirclink id=1012631][wallst_email_signup]

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.

Continue Reading

Cathie Wood’s ARK Invest Sells Nearly 34,000 Shares of Tesla

Chris Lange | Dec 7, 2021 at 9:42 AM EST

Cathie Wood’s ARK Invest Sells Nearly 34,000 Shares of Tesla

One of Cathie Wood's ARK Invest exchange-traded funds sold nearly 34,000 shares of Tesla on December 6.

Cathie Wood’s ARK Invest Sells Nearly $50 Million Worth of Shopify

Chris Lange | Dec 2, 2021 at 7:40 AM EST

Cathie Wood’s ARK Invest Sells Nearly $50 Million Worth of Shopify

A couple of Cathie Wood's ARK Invest funds sold nearly $50 million worth of Shopify shares on December 1.

Cathie Wood’s ARK Invest Sells Nearly 120,000 Shares of Tesla

Chris Lange | Dec 6, 2021 at 8:05 AM EST

Cathie Wood’s ARK Invest Sells Nearly 120,000 Shares of Tesla

One of Cathie Wood's ARK Invest exchange-traded funds sold nearly 120,000 shares of Tesla on December 3.

Cathie Wood’s ARK Invest Sells Over 1.8 Million Shares of Pure Storage

Chris Lange | Jul 20, 2021 at 9:45 AM EDT

Cathie Wood’s ARK Invest Sells Over 1.8 Million Shares of Pure Storage

One of Cathie Wood's Ark Invest funds sold over 1.8 million shares of Pure Storage on July 19.

Cathie Wood’s ARK Invest Sells Nearly $9 Million Worth of Amazon Stock

Chris Lange | Sep 21, 2021 at 8:15 AM EDT

Cathie Wood’s ARK Invest Sells Nearly $9 Million Worth of Amazon Stock

One of Cathie Wood's Ark Invest exchange-traded funds sold over $9 million worth of shares of Amazon on September 20.

Cathie Wood’s ARK Invest Buys Nearly $7 Million Worth of Amazon Stock

Chris Lange | Oct 26, 2021 at 7:25 AM EDT

Cathie Wood’s ARK Invest Buys Nearly $7 Million Worth of Amazon Stock

One of Cathie Wood's Ark Invest exchange-traded funds purchased nearly $7 million worth of shares of Amazon on October 25.

Cathie Wood’s ARK Invest Sold Nearly $14 Million Worth of Disney Stock

Chris Lange | Dec 21, 2021 at 7:35 AM EST

Cathie Wood’s ARK Invest Sold Nearly $14 Million Worth of Disney Stock

One of Cathie Wood's ARK Invest exchange-traded funds sold over 90,000 shares of Disney on December 20.

Cathie Wood’s ARK Invest Dumps Nearly $112 Million Worth of Tesla Stock

Chris Lange | Oct 5, 2021 at 10:05 AM EDT

Cathie Wood’s ARK Invest Dumps Nearly $112 Million Worth of Tesla Stock

A few of Cathie Wood's ARK Invest exchange-traded funds sold over 140,000 shares of Tesla on October 4.

Cathie Wood’s ARK Invest Sells Over 1.2 Million Shares of KE Holdings

Chris Lange | May 11, 2021 at 10:00 AM EDT

Cathie Wood’s ARK Invest Sells Over 1.2 Million Shares of KE Holdings

One of Cathie Wood's Ark Invest funds sold over 1.2 million shares of Apple on May 10.

Top Gaining Stocks

Cboe Global Markets

CBOE • Vol: 1,568,143

+$26.87

+8.95%

$326.96

New Pluto Global

PSKY • Vol: 12,285,993

+$0.85

+8.30%

$11.09

Seagate Technology

STX • Vol: 7,378,346

+$53.29

+7.91%

$726.93

Oracle

ORCL • Vol: 26,317,675

+$10.44

+6.47%

$171.83

Datadog

DDOG • Vol: 6,247,779

+$8.34

+6.31%

$140.53

Top Losing Stocks

LKQ

LKQ • Vol: 4,367,433

-$3.07

9.72%

$28.51

Clorox

CLX • Vol: 13,260,523

-$9.33

9.67%

$87.11

Stryker

SYK • Vol: 4,519,455

-$20.40

6.47%

$294.73

Mohawk Industries

MHK • Vol: 1,859,865

-$5.63

5.33%

$99.93

Amgen

AMGN • Vol: 3,818,618

-$16.43

4.75%

$329.82