Cathie Wood’s ARK Invest Sells Over 60,000 Shares of Pluristem Therapeutics
One of Cathie Wood's Ark Invest funds sold over 62,000 shares of Pluristem Therapeutics on June 29.
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 62,000 shares of Pluristem Therapeutics Inc. (NASDAQ: PSTI) on Tuesday, as the share price of this fund traded up less than 1% in the day’s session. That share price has greatly improved over the past year.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) sold 62,738 shares of Pluristem. At Tuesday’s closing price, this would have valued this sale at roughly $252,000. This is only a small fraction of the total holdings. This fund is up 84% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | CSTL | Castle Biosciences | 4,800 |
| ARKG | PSTI | Pluristem Therapeutics | 62,738 |
| ARKQ | GLEO | Galileo Acquisition | 1,798 |
| ARKQ | RAVN | Raven Industries | 8,104 |
| ARKW | LC | LendingClub | 82 |
| ARKW | PD | PagerDuty | 6,567 |
| ARKW | ROKU | Roku | 5,986 |
| ARKW | SE | Sea | 21,337 |
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Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
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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.
