Investing

Cathie Wood's ARK Invest Sells for 5/26

ARK Invest investors saw another day of gains on Wednesday, although the broad markets were fairly flat with the exception of the Nasdaq up 0.6%. ARKK performed the best out of the group, with the exchange-traded fund up 1.9%, while ARKX did the worst, up only 0.3%. The gains from last 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 sells that ARK Invest executed on May 26, 2021. Also check out all the ARK Invest buys that took place today.

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 $4.2 billion. Here are some notable trades in this fund: Sell 677,300 shares of Zhongan Online.

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 include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.6 billion. Here are some notable trades in this fund: Sell 10,800 shares of Guardant Health, Sell 166,980 shares of Novartis, Sell 50,671 shares of Pluristem Therapeutics, & Sell 78,202 shares of Takeda Pharma.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is 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 $23.1 billion. Here are some notable trades in this fund: Sell 3,574,908 shares of Syros Pharma, Sell 486,140 shares of Huya, & Sell 8,989 shares of Organovo.

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 $3.3 billion. Here are a few of trades of note in this fund: Sell 11,207 shares of Aerovironment & Sell 22,423 shares of Galileo.

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 $6.6 billion. Here are a couple of notable trades in this fund: NO SELLS

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused 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. Trades worth noting in this fund: Sell 9,215 shares of Raven Industries.

Check out all the sells here:

Fund Direction Ticker Company Shares
ARKF Sell 6060HK ZHONGAN ONLINE P&C INSURANCE CO LTD 677,300
ARKF Sell GWRE GUIDEWIRE SOFTWARE INC 246
ARKG Sell GH GUARDANT HEALTH INC 10,800
ARKG Sell NVS NOVARTIS AG 166,980
ARKG Sell PSTI PLURISTEM THERAPEUTICS INC 50,671
ARKG Sell TAK TAKEDA PHARMACEUTICAL CO LTD 78,202
ARKK Sell SYRS SYROS PHARMACEUTICALS INC 3,574,908
ARKK Sell ONVO ORGANOVO HOLDINGS INC 8,989
ARKK Sell HUYA HUYA INC 486,140
ARKQ Sell AVAV AEROVIRONMENT INC 11,207
ARKQ Sell GLEO GALILEO ACQUISITION CORP 22,423
ARKQ Sell ADSK AUTODESK INC 119
ARKX Sell RAVN RAVEN INDUSTRIES INC 9,215
ARKX Sell ADSK AUTODESK INC 23
ARKX Sell WKHS WORKHORSE GROUP INC 6

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.