One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 194,000 shares of Pluristem Therapeutics Inc. (NASDAQ: PSTI) on Friday, as the share price of this fund traded up 0.9% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 193,999 shares of Pluristem. At Friday’s closing price, this would have valued this sale at roughly $826.4 million. This is only a small fraction of the total holdings. This fund is up 76% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
|ARKF||Sell||TCSLI||TCS GROUP HOLDING PLC||94812|
|ARKG||Sell||PSTI||PLURISTEM THERAPEUTICS INC||193999|
|ARKK||Sell||SYRS||SYROS PHARMACEUTICALS INC||10000|
|ARKK||Sell||ONVO||ORGANOVO HOLDINGS INC||7000|
|ARKQ||Sell||GLEO||GALILEO ACQUISITION CORP||11664|
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.