Cathie Wood's ARK Invest Sells Over 630,000 Shares of DocuSign

Investing

Published: January 10, 2022 10:06 am

One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Friday. Specifically, this fund sold over 630,000 shares of DocuSign Inc. (NASDAQ: DOCU), as the price of the fund was down on the day. Note that the fund is down a fair amount over the past year.
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It was the ARK Innovation ETF (NYSEARCA: ARKK) that sold 632,851 shares of DocuSign. At Friday’s closing price, this would have valued the sale at roughly $86.0 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is down 40% in the past year.

Check out all of ARK Invest’s trades for Friday as well:

Fund	Direction	Ticker	Name	Shares
ARKG	Buy	BLI	BERKELEY LIGHTS	108,000
ARKG	Buy	VCYT	VERACYTE	11,700
ARKG	Buy	RXRX	RECURSION PHARMACEUTICALS	63,400
ARKG	Buy	QSI	QUANTUM-SI	94,738
ARKG	Buy	NRIX	NURIX THERAPEUTICS	178,585
ARKG	Buy	BNR	BURNING ROCK BIOTECH	31,621
ARKG	Sell	TAK	TAKEDA PHARMACEUTICAL	571,269
ARKK	Buy	ZM	ZOOM VIDEO COMMUNICATIONS	18,340
ARKK	Buy	TWLO	TWILIO	61,218
ARKK	Buy	SQ	BLOCK	64,852
ARKK	Buy	ROKU	ROKU	122,516
ARKK	Buy	RBLX	ROBLOX	261,211
ARKK	Buy	PLTR	PALANTIR TECHNOLOGIES	249,211
ARKK	Buy	PATH	UIPATH	37,200
ARKK	Buy	DNA	GINKGO BIOWORKS	741,015
ARKK	Buy	COIN	COINBASE GLOBAL	35,284
ARKK	Buy	CGEN	COMPUGEN	28,281
ARKK	Sell	DOCU	DOCUSIGN	632,581
ARKQ	Buy	MKFG	MARKFORGED	27,685
ARKQ	Buy	AVAV	AEROVIRONMENT	41,049
ARKW	Buy	RBLX	ROBLOX	61,435
ARKW	Buy	ROKU	ROKU	29,397
ARKW	Buy	VCYT	VERACYTE	14,800
ARKW	Sell	TSLA	TESLA	11,496
ARKX	Buy	MKFG	MARKFORGED	26,508

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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