One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Tuesday. This fund sold over 75,000 shares of Netflix Inc. (NASDAQ: NFLX) shares, as the price of this fund was down over 1% on the day. It is still up significantly from this time last year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 75,109 shares of Netflix. At Tuesday’s closing price, this would have valued this purchase at roughly $38.7 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 55% in the past year.
Here is a quick look at all the sales made by ARK ETFs:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | 4477JP | BASE INC | 569,300 |
| ARKG | SEER | SEER INC | 121,042 |
| ARKG | TAK | TAKEDA PHARMACEUTICAL CO LTD | 116,467 |
| ARKG | RHHBY | ROCHE HOLDING AG | 394,655 |
| ARKG | REGN | REGENERON PHARMACEUTICALS INC | 8,271 |
| ARKG | PSTI | PLURISTEM THERAPEUTICS INC | 7,402 |
| ARKG | PSTG | PURE STORAGE INC | 136,940 |
| ARKG | NVS | NOVARTIS AG | 53,188 |
| ARKG | CLLS | CELLECTIS SA | 600 |
| ARKG | BMY | BRISTOL-MYERS SQUIBB CO | 72,802 |
| ARKK | TXG | 10X GENOMICS INC | 26,272 |
| ARKK | SQ | SQUARE INC | 66,982 |
| ARKK | SHOP | SHOPIFY INC | 12,339 |
| ARKK | SE | SEA LTD | 102,270 |
| ARKK | NTDOY | NINTENDO CO LTD | 139,500 |
| ARKK | MCRB | SERES THERAPEUTICS INC | 100 |
| ARKK | DOCU | DOCUSIGN INC | 62,744 |
| ARKQ | NVDA | NVIDIA CORP | 35,064 |
| ARKW | NFLX | NETFLIX INC | 75,109 |
| ARKX | BABA | ALIBABA GROUP HOLDING LTD | 7,684 |
| ARKX | NVDA | NVIDIA CORP | 7,578 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
24/7 Wall St.3 Buy-Rated Business Development Companies Pay Some of Wall Street’s Highest Dividends
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
