A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 725,000 shares of JD.com Inc. (NASDAQ: JD) on Tuesday, as the share price of these funds traded up nearly 1% in the day’s session. The funds’ share prices have greatly improved over the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 456,987 shares of JD.com, and ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold 273,688 shares. At Tuesday’s closing price, this would have valued this sale at roughly $53.2 million. This is only a small fraction of the total holdings. ARKW is up 85% 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 | 322,000 |
| ARKF | GWRE | GUIDEWIRE SOFTWARE INC | 302 |
| ARKF | 6060HK | ZHONGAN ONLINE P&C INSURANCE CO LTD | 864,400 |
| ARKF | SCHW | CHARLES SCHWAB CORP/THE | 109,981 |
| ARKG | GH | GUARDANT HEALTH INC | 25,525 |
| ARKG | PSTI | PLURISTEM THERAPEUTICS INC | 24,006 |
| ARKK | SYRS | SYROS PHARMACEUTICALS INC | 26,572 |
| ARKK | ONVO | ORGANOVO HOLDINGS INC | 923 |
| ARKK | HUYA | HUYA INC | 408,360 |
| ARKQ | AVAV | AEROVIRONMENT INC | 18,540 |
| ARKQ | GLEO | GALILEO ACQUISITION CORP | 14,065 |
| ARKQ | ADSK | AUTODESK INC | 1,500 |
| ARKQ | WKHS | WORKHORSE GROUP INC | 20 |
| ARKW | HUBS | HUBSPOT INC | 2 |
| ARKW | JD | JD.COM INC | 456,987 |
| ARKW | PDD | PINDUODUO INC | 96,600 |
| ARKW | API | AGORA INC | 6 |
| ARKX | GRMN | GARMIN LTD | 15,973 |
| ARKX | JD | JD.COM INC | 273,688 |
| ARKX | RAVN | RAVEN INDUSTRIES INC | 19,161 |
| ARKX | SPCE | VIRGIN GALACTIC HOLDINGS INC | 12 |
| ARKX | ADSK | AUTODESK INC | 410 |
| ARKX | WKHS | WORKHORSE GROUP INC | 10 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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