Cathie Wood’s ARK Invest Sells Nearly 60,000 Shares of Nvidia
One of Cathie Wood's ARK Invest exchange-traded funds sold nearly 60,000 shares of Nvidia on August 31.
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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 |
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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.
His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
