Cathie Wood’s ARK Invest Sells Over 50,000 Shares of Raven Industries
One of Cathie Wood's Ark Invest funds sold over 50,000 shares of Raven Industries on June 28.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 50,000 shares of Raven Industries Inc. (NASDAQ: RAVN) on Monday, as the shares of this fund traded up about 0.9% in the day’s session. The share price has greatly improved over the past year.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 51,714 shares of Raven Industries. At Monday’s closing price, this would have valued this sale at roughly $3.0 million. This is only a small fraction of the total holdings. This fund is up 93% over the past 52 weeks.
Here is a quick look at the other sales that took place across all ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | BILL | Bill.com | 42,797 |
| ARKF | DOCU | DocuSign | 27,465 |
| ARKF | INTU | Intuit | 8,493 |
| ARKG | TXG | 10X Genomics | 47,800 |
| ARKG | PSTI | Pluristem Therapeutics | 15,547 |
| ARKG | CSTL | Castle Biosciences | 22,056 |
| ARKG | CDNA | CareDx | 55,591 |
| ARKQ | GLEO | Galileo Acquisition | 15,000 |
| ARKQ | GOOG | Alphabet | 3,065 |
| ARKQ | RAVN | Raven Industries | 51,714 |
| ARKW | PSTG | Pure Storage | 146 |
| ARKW | PLTR | Palantir Technologies | 21,300 |
| ARKW | LC | LendingClub | 7,397 |
| ARKX | IRDM | Iridium Communications | 37,672 |
[nativounit]
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
[recirclink id=905905][wallst_email_signup]
Contact [email protected] for any questions or corrections.
Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
