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Cathie Wood's ARK Invest Sells for 12/30

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Markets ended Thursday on a negative note, but some tech stocks were rallying into the close. ARK Invest funds were some of the big winners on the day. ARKG performed the best out of the group, with a 3.6% gain on the day, while ARKX did the worst, up only 0.4%. The gains from the past year are slowly sliding away, but Cathie Wood may have something up her sleeve, as she is constantly reshuffling her ETFs to stand up to market headwinds.

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.

Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.

While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major sales that ARK Invest executed on December 30, 2021. Also check out all the ARK Invest purchases that took place that same day.

The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.0 billion. Here is a notable sale in this fund: NO SELLS

ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.7 billion. Here is a notable sale in this fund: 21,551 shares of Vertex Pharma.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $25.5 billion. Here are a notable sale in this fund: 17,941 shares of Shopify, 23,942 shares of Tesla, 202,646 shares of Iovance Bio, & 380,778 shares of Iridium Communications.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.1 billion. Here is a notable trade in the fund: NO SALES

ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.4 billion. Here is a notable sale in this fund: 1,479 shares of Liveperson.

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Notable sales in this fund: NO SALES

Check out all the sales here:

FUND Direction Ticker Name Shares
ARKG Sell VRTX VERTEX PHARMACEUTICALS INC 21,551
ARKG Sell ALLO ALLOGENE THERAPEUTICS INC 164
ARKK Sell SHOP SHOPIFY INC 17,941
ARKK Sell TSLA TESLA INC 23,942
ARKK Sell IOVA IOVANCE BIOTHERAPEUTICS INC 202,646
ARKK Sell IRDM IRIDIUM COMMUNICATIONS INC 380,778
ARKK Sell SPOT SPOTIFY TECHNOLOGY SA 108,867
ARKW Sell LPSN LIVEPERSON INC 1,479

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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