One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 1,300,000 shares of Opendoor Technologies Inc. (NASDAQ: OPEN) on Thursday, as the share price of this fund traded down about 1.5% 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 1,309,500 shares of Opendoor Technologies. At Thursday’s closing price, this would have valued this sale at roughly $19.6 million. This is only a small fraction of the total holdings. This fund is up 51% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
|ARKG||IOVA||IOVANCE BIOTHERAPEUTICS INC||133,431|
|ARKG||CSTL||CASTLE BIOSCIENCES INC||3,699|
|ARKK||TCEHY||TENCENT HOLDINGS LTD||292,468|
|ARKK||PSTG||PURE STORAGE INC||606,465|
|ARKK||ICE||INTERCONTINENTAL EXCHANGE INC||19,595|
|ARKQ||TCEHY||TENCENT HOLDINGS LTD||37,643|
|ARKQ||NXPI||NXP SEMICONDUCTORS NV||14,754|
|ARKW||OPEN||OPENDOOR TECHNOLOGIES INC||1,309,500|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and non-voting shareholder of 24/7 Wall St.