Cathie Wood’s ARK Invest Sells Over 280,000 Shares of Twitter
One of Cathie Wood's ARK Invest funds sold over 280,000 shares of Twitter on August 11.
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 280,000 shares of Twitter Inc. (NYSE: TWTR) shares on Wednesday, as the price of this ETF was relatively flat in Wednesday’s session. The fund is still up significantly in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 280,031 shares of Twitter. At Wednesday’s closing price, this would have valued this sale at roughly $18.3 million. This is only a small fraction of the total holdings. The fund is up 51% over the past 52 weeks.
Here are all the sales across ARK Invest funds on Wednesday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | 4477JP | BASE INC | 576,200 |
| ARKG | TAK | TAKEDA PHARMACEUTICAL CO LTD | 189,804 |
| ARKG | SEER | SEER INC | 7,800 |
| ARKG | REGN | REGENERON PHARMACEUTICALS INC | 13,326 |
| ARKG | PSTI | PLURISTEM THERAPEUTICS INC | 45,155 |
| ARKG | PSTG | PURE STORAGE INC | 131,501 |
| ARKG | NVS | NOVARTIS AG | 86,320 |
| ARKK | TWTR | TWITTER INC | 280,031 |
| ARKK | NTDOY | NINTENDO CO LTD | 88,300 |
| ARKK | MCRB | SERES THERAPEUTICS INC | 187,418 |
| ARKK | DOCU | DOCUSIGN INC | 63,863 |
| ARKQ | BIDU | BAIDU INC | 33,570 |
| ARKW | NFLX | NETFLIX INC | 1,627 |
| ARKX | GRMN | GARMIN LTD | 3,839 |
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.
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