Investing
Cathie Wood's ARK Invest Sells Over 150,000 Shares of Square
Published:
A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Tuesday. These funds parted with over 150,000 shares of Square Inc. (NASDAQ: SQ), as their share prices gained over 1% in Tuesday’s session. Note that they are up significantly in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 27,430 shares of Square and ARK Innovation ETF (NYSEARCA: ARKK) parted with 122,685 shares. At Tuesday’s closing prices, this would have valued these sales at roughly $40.6 million. Even though this is a small fraction of the total holdings, every little bit counts. These funds are up more than 36% in the past year.
Check out all of ARK Invest’s sales for Tuesday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | 3690HK | MEITUAN | 6,693.00 |
| ARKF | SQ | SQUARE | 27,430.00 |
| ARKF | 9923HK | YEAHKA | 256,800.00 |
| ARKF | 6060HK | ZHONGAN ONLINE P&C INSURANCE | 899,100.00 |
| ARKG | SEER | SEER | 82,789.00 |
| ARKG | RHHBY | ROCHE | 226,200.00 |
| ARKG | BMY | BRISTOL-MYERS SQUIBB | 250,021.00 |
| ARKG | PSTI | PLURISTEM THERAPEUTICS | 48,386.00 |
| ARKK | NTDOY | NINTENDO | 84,151.00 |
| ARKK | MCRB | SERES THERAPEUTICS | 45,359.00 |
| ARKK | SHOP | SHOPIFY | 21,030.00 |
| ARKK | SQ | SQUARE | 122,685.00 |
| ARKQ | BABA | ALIBABA GROUP | 67,580.00 |
| ARKQ | XONE | EXONE | 33,272.00 |
| ARKW | SE | SEA | 35,845.00 |
| ARKW | LC | LENDINGCLUB | 194,194.00 |
| ARKX | 3690HK | MEITUAN | 202,463.00 |
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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