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.
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 1.2 million shares of KE Holdings Inc. (NYSE: BEKE) on Monday, as the share price of this fund traded down about 5% in Monday’s session. The fund’s share price has nearly doubled the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 1,203,800 shares of KE. At Monday’s closing price, this would have valued this sale at roughly $56.3 million. This is only a small fraction of the total holdings. This fund is up 81% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
| Fund | Ticker | Company | Shares Sold |
|---|---|---|---|
| ARKF | 9923HK | YEAHKA LTD | 315,600 |
| ARKF | AAPL | APPLE INC | 87,560 |
| ARKF | SI | SILVERGATE CAPITAL CORP | 45,900 |
| ARKG | RHHBY | ROCHE HOLDING AG | 464,000 |
| ARKG | NSTG | NANOSTRING TECHNOLOGIES INC | 37,609 |
| ARKG | TAK | TAKEDA PHARMACEUTICAL CO LTD | 260,876 |
| ARKG | SRPT | SAREPTA THERAPEUTICS INC | 198,800 |
| ARKG | PHR | PHREESIA INC | 59,423 |
| ARKK | BEKE | KE HOLDINGS INC | 1,203,800 |
| ARKK | TREE | LENDINGTREE INC | 52,004 |
| ARKK | SNPS | SYNOPSYS INC | 148,000 |
| ARKK | REGN | REGENERON PHARMACEUTICALS INC | 40,108 |
| ARKK | NTDOY | NINTENDO CO LTD | 136,400 |
| ARKK | ICE | INTERCONTINENTAL EXCHANGE INC | 254,712 |
| ARKK | HUYA | HUYA INC | 261,500 |
| ARKK | BIDU | BAIDU INC | 355,375 |
| ARKQ | TDY | TELEDYNE TECHNOLOGIES INC | 16,857 |
| ARKQ | SPCE | VIRGIN GALACTIC HOLDINGS INC | 557,955 |
| ARKQ | KMTUY | KOMATSU LTD | 29,405 |
| ARKW | PSTG | PURE STORAGE INC | 643,378 |
| ARKW | OPEN | OPENDOOR TECHNOLOGIES INC | 1,617,801 |
| ARKW | BIDU | BAIDU INC | 108,346 |
| ARKW | API | AGORA INC | 105,162 |
| ARKW | ADYEY | ADYEN NV | 38,963 |
[nativounit]
Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
[wallst_email_signup]
Contact [email protected] for any questions or corrections.
Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
