One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 450,000 shares of HUYA Inc. (NYSE: HUYA) on Thursday, as the share price of this fund traded down about 1% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 453,955 shares of Huya. 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 55% 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 | BMY | Bristol-Myers Squibb | 37,200 |
ARKK | TCEHY | Tencent | 340,453 |
ARKK | ROKU | Roku | 128,923 |
ARKK | IOVA | Iovance Biotherapeutics | 175,150 |
ARKQ | RAVN | Raven Industries | 43,000 |
ARKW | TWTR | 135,492 | |
ARKW | SPOT | Spotify Technology | 23,500 |
ARKW | LC | LendingClub | 37,900 |
ARKW | HUYA | Huya | 453,955 |
ARKW | Z | Zillow | 52,900 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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