Cathie Wood’s ARK Invest Sells Over 425,000 Shares of KE Holdings
One of Cathie Wood's Ark Invest funds sold over 425,000 shares of KE Holdings on July 22.
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 650,000 shares of KE Holdings Inc. (NYSE: BEKE) on Thursday, as the share price of this fund traded relatively flat in Thursday’s session. The fund’s share price has pushed much higher in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 425,950 shares of KE. At Thursday’s closing price, this would have valued this sale at roughly $16.2 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 Invest ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKG | ABBV | AbbVie | 65,211 |
| ARKG | PSTI | Pluristem Therapeutics | 6,625 |
| ARKG | CSTL | Castle Biosciences | 4,900 |
| ARKG | CLLS | Cellectis | 100 |
| ARKG | CDNA | CareDx | 60,010 |
| ARKK | TXG | 10X Genomics | 29,513 |
| ARKK | TWST | Twist Bioscience | 19,378 |
| ARKK | TCEHY | Tencent | 11,900 |
| ARKK | SHOP | Shopify | 5,793 |
| ARKK | PSTG | Pure Storage | 27,000 |
| ARKK | NVS | Novartis | 2,800 |
| ARKK | DOCU | Docusign | 69,568 |
| ARKQ | RAVN | Raven Industries | 8,500 |
| ARKQ | BYDDY | BYD | 21,909 |
| ARKW | OPEN | Opendoor Technologies | 13,000 |
| ARKW | NTDOY | Nintendo | 70,700 |
| ARKW | HUYA | Huya | 81 |
| ARKW | BEKE | KE Holdings | 425,950 |
| ARKX | JD | JD.Com | 7,186 |
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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.
