Cathie Wood’s ARK Invest Sells Over $18 Million Worth of Unity Software Shares

One of Cathie Wood's Ark Invest funds sold over 130,000 shares of Unity Software on September 10.

Published September 13, 2021, 8:35am ET · 1 min read

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One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Friday. This fund sold over 130,000 shares of Unity Software Inc. (NYSE: U | U Price Prediction), as the price of this ETF lost more than 1% on the day. Note that this stock is still up handily in the past year.

It was ARK Innovation ETF (NYSEARCA: ARKK) that sold 138,794 shares of Unity. At Friday’s closing price, this would have valued this sale at $18.8 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up over 42% in the past 12 months.

Check out all of ARK Invest’s Sells for Friday:

Fund Ticker Name Shares
ARKF 6060HK ZHONGAN ONLINE P&C INSURANCE 1,061,200
ARKF 9923HK YEAHKA 314,800
ARKG DRNA DICERNA PHARMACEUTICALS 1,937
ARKG RHHBY ROCHE 1,549
ARKG PSTI PLURISTEM THERAPEUTICS 3,033
ARKG PSTG PURE STORAGE 1,452
ARKG CLLS CELLECTIS 600
ARKG CRBU CARIBOU BIOSCIENCES 10,700
ARKG NVS NOVARTIS 59,691
ARKK U UNITY SOFTWARE 138,794
ARKK NTDOY NINTENDO 5,600
ARKK NSTG NANOSTRING TECHNOLOGIES 55,617
ARKK IOVA IOVANCE BIOTHERAPEUTICS 132,377
ARKQ NVDA NVIDIA 300
ARKQ IRDM IRIDIUM COMMUNICATIONS 103,777
ARKQ TRMB TRIMBLE 15,880
ARKW ADYEY ADYEN 13,800
ARKW LC LENDINGCLUB 54,230
ARKW TTD TRADE DESK 8,816
ARKX SPR SPIRIT AEROSYSTEMS 31,086

[nativounit]
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.
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Chris Lange

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.

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