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:
Fund | Ticker | Company | Shares |
---|---|---|---|
ARKF | 9923HK | YEAHKA LTD | 414,400 |
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 |
ARKG | PHR | PHREESIA INC | 61,200 |
ARKK | NVS | NOVARTIS AG | 179,700 |
ARKK | BEKE | KE HOLDINGS INC | 314,500 |
ARKK | BIDU | BAIDU INC | 429,192 |
ARKK | TREE | LENDINGTREE INC | 99,462 |
ARKK | SNPS | SYNOPSYS INC | 170,419 |
ARKK | HUYA | HUYA INC | 99,640 |
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 |
ARKQ | GOOG | ALPHABET INC | 3,088 |
ARKW | TREE | LENDINGTREE INC | 67,529 |
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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