Investing
Cathie Wood's ARK Invest Sold Nearly $14 Million Worth of Disney Stock
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One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 90,000 shares of Walt Disney Co. (NYSE: DIS) on Monday, as the price of this ETF was down over 2% in the day’s session. However, the fund is actually down a fair amount in the past year.
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ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 93,598 shares of Disney. At Monday’s closing price, this would have valued this sale at roughly $13.7 million. This is only a small fraction of the total holdings. The ETF is down 20% over the past 52 weeks.
Check out all of ARK Invest’s sales for Monday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | PYPL | PAYPAL | 12,376 |
| ARKF | INTU | INTUIT | 9,254 |
| ARKF | ICE | INTERCONTINENTAL EXCHANGE | 51,041 |
| ARKF | Z | ZILLOW | 122,107 |
| ARKG | CDXS | CODEXIS | 34,160 |
| ARKG | IONS | IONIS PHARMACEUTICALS | 61,200 |
| ARKG | VRTX | VERTEX PHARMACEUTICALS | 23,830 |
| ARKK | DDD | 3D SYSTEMS | 10,032 |
| ARKK | TXG | 10X GENOMICS | 40,761 |
| ARKQ | TER | TERADYNE | 26,773 |
| ARKW | DIS | WALT DISNEY | 93,598 |
| ARKX | TER | TERADYNE | 2,770 |
| ARKX | LMT | LOCKHEED MARTIN | 2,642 |
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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