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

Investing

Published: December 21, 2021 7:35 am

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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