One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 675,000 shares of Galileo Acquisition Corp. (NYSE: GLEO) on Thursday, as the share price of this fund traded up about 1.5% in the day’s session. Its share price has greatly improved over the past year.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 679,335 shares of Galileo Acquisition. At Thursday’s closing price, this would have valued this sale at roughly $6.8 million. This is only a small fraction of the total holdings. This fund is up 78% over the past 52 weeks.
Here is a quick look at the other sales that took place across all ARK ETFs:
|ARKF||TCSLI||TCS GROUP HOLDING PLC||56,423|
|ARKG||TAK||TAKEDA PHARMACEUTICAL CO LTD||483,746|
|ARKG||SRPT||SAREPTA THERAPEUTICS INC||25,742|
|ARKG||PSTI||PLURISTEM THERAPEUTICS INC||2,500|
|ARKQ||GLEO||GALILEO ACQUISITION CORP||679,335|
|ARKQ||RAVN||RAVEN INDUSTRIES INC||402|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.