Cathie Wood’s ARK Invest Sells Over 150,000 Shares of Square
One of Cathie Wood's Ark Invest exchange-traded funds sold over 150,000 shares of Square on July 2.
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One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Monday. This fund parted with over 150,000 shares of Square Inc. (NASDAQ: SQ) on Monday, as the price of this ETF gained about 1% in the session. Note that this fund is still up over 100% in the last year.
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) sold 158,235 shares of Square. At Monday’s closing price, this would have valued this sale at roughly $43.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 53% in the last year.
Check out all of ARK Invest’s sales for Monday as well:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | SCHW | Charles Schwab | 961 |
| ARKF | SNAP | Snap | 199,300 |
| ARKG | CLLS | Cellectis | 13,270 |
| ARKG | PSTG | Pure Storage | 85,623 |
| ARKG | SEER | Seer | 31,085 |
| ARKG | RHHBY | Roche | 121,136 |
| ARKG | REGN | Regeneron Pharmaceuticals | 22,345 |
| ARKG | NVS | Novartis | 76,404 |
| ARKG | PSTI | Pluristem Therapeutics | 16,099 |
| ARKK | NTDOY | Nintendo | 52,900 |
| ARKK | IOVA | Iovance Biotherapeutics | 190,680 |
| ARKK | SQ | Square | 158,235 |
| ARKQ | JD | JD.Com | 132,695 |
| ARKQ | TCEHY | Tencent | 11,344 |
| ARKQ | BYDDY | BYD | 42,446 |
| ARKQ | PCAR | Paccar | 5,713 |
| ARKQ | BZ | Kanzhun | 296 |
| ARKW | BZ | Kanzhun | 291 |
| ARKW | JD | JD.Com | 191 |
| ARKW | TTD | Trade Desk | 282,943 |
| ARKW | TCEHY | Tencent | 291 |
| ARKW | SQ | Square | 43,859 |
| ARKW | PDD | Pinduoduo | 97 |
| ARKX | NVDA | Nvidia | 7,665 |
| ARKX | RAVN | Raven Industries | 25 |
| ARKX | TRMB | Trimble | 21,539 |
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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.
