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:
|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|
|ARKQ||GLEO||GALILEO ACQUISITION CORP||14,065|
|ARKQ||WKHS||WORKHORSE GROUP INC||20|
|ARKX||RAVN||RAVEN INDUSTRIES INC||19,161|
|ARKX||SPCE||VIRGIN GALACTIC HOLDINGS INC||12|
|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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