One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 420,000 shares of Baidu Inc. (NASDAQ: BIDU) on Wednesday, as the share price of this fund traded down about 4% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 429,192 shares of Baidu. At Wednesday’s closing price, this would have valued this sale at roughly $78.7 million. This is only a small fraction of the total holdings. This fund is up 78% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
|ARKF||SI||SILVERGATE CAPITAL CORP||12,700|
|ARKG||TMO||THERMO FISHER SCIENTIFIC INC||61,100|
|ARKG||TAK||TAKEDA PHARMACEUTICAL CO LTD||75,000|
|ARKG||SYRS||SYROS PHARMACEUTICALS INC||147,332|
|ARKG||SRPT||SAREPTA THERAPEUTICS INC||79,900|
|ARKG||RHHBY||ROCHE HOLDING AG||25,000|
|ARKG||REGN||REGENERON PHARMACEUTICALS INC||45,494|
|ARKG||PSTI||PLURISTEM THERAPEUTICS INC||3,700|
|ARKK||BEKE||KE HOLDINGS INC||314,500|
|ARKK||REGN||REGENERON PHARMACEUTICALS INC||3,000|
|ARKK||PSTG||PURE STORAGE INC||304,896|
|ARKK||ICE||INTERCONTINENTAL EXCHANGE INC||79,985|
|ARKQ||WKHS||WORKHORSE GROUP INC||140,335|
|ARKX||WKHS||WORKHORSE GROUP INC||323,803|
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.
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