A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold nearly 10,000 shares of Shopify Inc. (NYSE: SHOP) shares on Tuesday, as the price of these ETFs were down around 1% in Tuesday’s session. The funds are still up significantly in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 2,331 shares, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 7,462 shares. At Tuesday’s closing price, this would have valued these sales at roughly $14.5 million. This is only a small fraction of the total holdings. These funds are up 34% or more in past 52 weeks.
Here are all the sales across ARK Invest funds on Tuesday:
| Fund | Ticker | Company | Shares |
|---|---|---|---|
| ARKF | 1833HK | PING AN HEALTHCARE AND TECHNOLOGY | 512,200 |
| ARKG | SRPT | SAREPTA THERAPEUTICS INC | 33,751 |
| ARKG | RHHBY | ROCHE HOLDING AG | 100,262 |
| ARKG | REGN | REGENERON PHARMACEUTICALS INC | 25,962 |
| ARKG | NVS | NOVARTIS AG | 30,729 |
| ARKK | TXG | 10X GENOMICS INC | 65,754 |
| ARKK | SHOP | SHOPIFY INC | 2,331 |
| ARKK | DOCU | DOCUSIGN INC | 23,849 |
| ARKK | SE | SEA LTD | 71,699 |
| ARKK | PRLB | PROTO LABS INC | 57,698 |
| ARKK | NTDOY | NINTENDO CO LTD | 71,800 |
| ARKK | NSTG | NANOSTRING TECHNOLOGIES INC | 6,106 |
| ARKK | MCRB | SERES THERAPEUTICS INC | 29,880 |
| ARKK | IOVA | IOVANCE BIOTHERAPEUTICS INC | 112,820 |
| ARKQ | XONE | EXONE CO/THE | 35,000 |
| ARKQ | BYDDY | BYD CO LTD | 15,664 |
| ARKQ | BIDU | BAIDU INC | 57,006 |
| ARKQ | ANSS | ANSYS INC | 855 |
| ARKW | SE | SEA LTD | 34,847 |
| ARKW | SHOP | SHOPIFY INC | 7,462 |
| ARKX | NVDA | NVIDIA CORP | 1,482 |
| ARKX | TRMB | TRIMBLE INC | 16,550 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
