Cathie Wood’s ARK Invest Sells Over 60,000 Shares of Square

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By Chris Lange Published
Cathie Wood’s ARK Invest Sells Over 60,000 Shares of Square

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One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Wednesday. This fund parted with over 60,000 shares of Square Inc. (NASDAQ: SQ | SQ Price Prediction), as the price of this ETF gained about 2.6% in Wednesday’s session. Note that this fund is still up significantly in the last year.

Specifically, ARK Innovation ETF (NYSEARCA: ARKK) sold 63,507 shares of Square. At Wednesday’s closing price, this would have valued this sale at roughly $16.9 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 49% in the past year.

Check out all of ARK Invest’s sales for Wednesday as well:

Fund Ticker Company Shares
ARKG TWST Twist Bioscience 71,425
ARKG SEER Seer 91,963
ARKG RHHBY Roche 203,313
ARKG REGN Regeneron Pharmaceuticals 51,706
ARKG PSTI Pluristem Therapeutics 1,100
ARKG NVS Novartis 133,173
ARKG MCRB Seres Therapeutics 392,172
ARKG CLLS Cellectis 23,399
ARKK NTDOY Nintendo 40,654
ARKK SHOP Shopify 3,000
ARKK SQ Square 63,507
ARKK TXG 10X Genomics 65,063
ARKK DOCU Docusign 39,780
ARKQ JD JD.Com 296,997
ARKQ BYDDY BYD 25,287
ARKQ PCAR Paccar 95
ARKQ TCEHY Tencent 150
ARKW SE Sea 19,744
ARKW TSLA Tesla 8,100
ARKW TTD Trade Desk 66,907

[nativounit]
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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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