Investing
Cathie Wood's ARK Invest Sells Nearly 3,000 Shares of Alphabet
September 3, 2021 8:35 am
One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood sold nearly 3,000 shares of Alphabet Inc. (NASDAQ: GOOG) on Thursday, as the share price of this fund traded up around 1% in the day’s session. The share prices of these funds have greatly improved over the past year.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 2,892 shares of Alphabet. At Thursday’s closing prices, this would have valued these sales at roughly $8.3 million altogether. This is only a small fraction of the total holdings. The fund is up about 39% over the past year.
Here is a quick look at all the other sales that took place across all ARK ETFs:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | 6060HK | ZHONGAN ONLINE P&C INSURANCE | 1,036,400 |
| ARKF | HDB | HDFC BANK | 127,637 |
| ARKF | BABA | ALIBABA | 180 |
| ARKF | 9923HK | YEAHKA | 656,800 |
| ARKG | MCRB | SERES THERAPEUTICS | 383,560 |
| ARKG | PSTI | PLURISTEM THERAPEUTICS | 20,154 |
| ARKG | RHHBY | ROCHE | 189,700 |
| ARKG | SEER | SEER | 202 |
| ARKG | CLLS | CELLECTIS | 30,229 |
| ARKK | MCRB | SERES THERAPEUTICS | 50,000 |
| ARKK | NTDOY | NINTENDO | 72,762 |
| ARKQ | TRMB | TRIMBLE | 55,200 |
| ARKQ | XONE | EXONE | 200 |
| ARKQ | GOOG | ALPHABET | 2,892 |
| ARKQ | BABA | ALIBABA | 300 |
| ARKX | BABA | ALIBABA | 180 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
ALSO READ: Why 5 of the Highest-Yielding Dividend Aristocrats May Be the Safest Bet for Rest of 2021
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
