One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 3.6 million shares of Syros Pharmaceuticals Inc. (NASDAQ: SYRS) on Wednesday, as the share price of this fund traded up nearly 2% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 3,574,908 shares of Syros Pharma. At Wednesday’s closing price, this would have valued this sale at roughly $20.0 million. This is only a small fraction of the total holdings. ARKK is up 81% 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 | 6060HK | ZHONGAN ONLINE P&C INSURANCE CO LTD | 677,300 |
ARKF | GWRE | GUIDEWIRE SOFTWARE INC | 246 |
ARKG | GH | GUARDANT HEALTH INC | 10,800 |
ARKG | NVS | NOVARTIS AG | 166,980 |
ARKG | PSTI | PLURISTEM THERAPEUTICS INC | 50,671 |
ARKG | TAK | TAKEDA PHARMACEUTICAL CO LTD | 78,202 |
ARKK | SYRS | SYROS PHARMACEUTICALS INC | 3,574,908 |
ARKK | ONVO | ORGANOVO HOLDINGS INC | 8,989 |
ARKK | HUYA | HUYA INC | 486,140 |
ARKQ | AVAV | AEROVIRONMENT INC | 11,207 |
ARKQ | GLEO | GALILEO ACQUISITION CORP | 22,423 |
ARKQ | ADSK | AUTODESK INC | 119 |
ARKX | RAVN | RAVEN INDUSTRIES INC | 9,215 |
ARKX | ADSK | AUTODESK INC | 23 |
ARKX | WKHS | WORKHORSE GROUP INC | 6 |
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.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.