Cathie Wood’s ARK Invest Sells Nearly 60,000 Shares of Nvidia

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

© nvidianews.nvidia.com

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood sold nearly 60,000 shares of Nvidia Corp. (NASDAQ: NVDA | NVDA Price Prediction) shares on Tuesday, as the price of this ETF was down less than 1% in Tuesday’s session. The fund is up significantly in the past year.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 58,259 shares of Nvidia. At Tuesday’s closing price, this would have valued this sale at roughly $13.0 million. This is only a small fraction of the total holdings. This ETF is up 40% over the past 52 weeks.

Here are all the ARK Invest sales on Tuesday:

Fund Ticker Name Shares
ARKF MELI MERCADOLIBRE 5,879
ARKF SE SEA 22,452
ARKF 6060HK ZHONGAN ONLINE P&C INSURANCE 896,500
ARKF 9923HK YEAHKA 400,800
ARKG NVS NOVARTIS 142,994
ARKG CLLS CELLECTIS 20,248
ARKG PSTI PLURISTEM THERAPEUTICS 13,833
ARKG RHHBY ROCHE 229,100
ARKK NTDOY NINTENDO 129,897
ARKK SE SEA 34,968
ARKK MCRB SERES THERAPEUTICS 576,762
ARKK IOVA IOVANCE BIOTHERAPEUTICS 107,050
ARKK NSTG NANOSTRING TECHNOLOGIES 49,208
ARKQ ISRG INTUITIVE SURGICAL 2,888
ARKQ NVDA NVIDIA 58,259
ARKW MELI MERCADOLIBRE 4,609

[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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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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