Investing

Cathie Wood's ARK Invest Sells Over 285,000 Shares of ICE

Thinkstock

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 285,000 shares of Intercontinental Exchange Inc. (NYSE: ICE) on Thursday, as the share price of this fund traded up about 2% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 285,720 shares of ICE. At Thursday’s closing price, this would have valued this sale at roughly $31.9 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 Invest ETFs:

Fund Ticker Company Shares
ARKG GH GUARDANT HEALTH INC 111,028
ARKG PSTI PLURISTEM THERAPEUTICS INC 30,753
ARKK PSTG PURE STORAGE INC 116,556
ARKK NVS NOVARTIS AG 100,388
ARKK ICE INTERCONTINENTAL EXCHANGE INC 285,720
ARKQ GLEO GALILEO ACQUISITION CORP 2,249
ARKQ RAVN RAVEN INDUSTRIES INC 4,442
ARKQ TER TERADYNE INC 26,560
ARKW TCEHY TENCENT HOLDINGS LTD 139,840


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.

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.