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:
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.