ARK Invest funds gave back their Monday gains in Tuesday’s session as the broad markets dipped. ARKX performed the best out of the group, with the exchange-traded fund down about 0.4%, while ARKK did the worst, down 2.7%. The gains from last year are slowly sliding away, but Cathie Wood may have something up her sleeve as she is constantly reshuffling her ETFs to stand up to market headwinds.
ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.
Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.
While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major sells that ARK Invest executed on June 15, 2021. Also check out all the ARK Invest buys that took place today.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.2 billion. Here are some notable trades in this fund: Sell 50,650 shares of TCS Group.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings include the likes of Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.6 billion. Here are some notable trades in this fund: Sell 1,131 shares of Pluristem, Sell 139,576 shares of Novartis, Sell 48,004 shares of Sarepta, & Sell 228,234 shares of Takeda.
ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but the focus is primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $23.1 billion. Here are some notable trades in this fund: Sell 196,304 shares of ICE.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.3 billion. Here are a few of trades of note in this fund: Sell 23,160 shares of Terady, Sell 32,733 shares of Raven Industries, & Sell 5,888 shares of Galileo Acquisition.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.6 billion. Here are a couple of notable trades in this fund: Sell 72,257 shares of Cloudflare.
Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is primarily focused on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Trades worth noting in this fund: Sell 16,050 shares of Airbus.
Check out all the sells here:
| Fund | Direction | Ticker | Company | Shares |
|---|---|---|---|---|
| ARKF | Sell | TCSLI | TCS GROUP HOLDING PLC | 50,650 |
| ARKG | Sell | PSTI | PLURISTEM THERAPEUTICS INC | 1,131 |
| ARKG | Sell | NVS | NOVARTIS AG | 139,576 |
| ARKG | Sell | SRPT | SAREPTA THERAPEUTICS INC | 48,004 |
| ARKG | Sell | TAK | TAKEDA PHARMACEUTICAL CO LTD | 228,234 |
| ARKK | Sell | ICE | INTERCONTINENTAL EXCHANGE INC | 196,304 |
| ARKQ | Sell | TER | TERADYNE INC | 23,160 |
| ARKQ | Sell | RAVN | RAVEN INDUSTRIES INC | 32,733 |
| ARKQ | Sell | GLEO | GALILEO ACQUISITION CORP | 5,888 |
| ARKW | Sell | NET | CLOUDFLARE INC | 72,257 |
| ARKX | Sell | AIRFP | AIRBUS SE | 16,050 |
Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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