Cathie Wood’s ARK Invest Sells Over $18 Million Worth of Facebook Shares
One of Cathie Wood's ARK Invest funds sold nearly 50,000 shares of Facebook on September 13.
One ARK exchange-traded fund run by ETF star Cathie Wood sold nearly 50,000 shares of Facebook Inc. (NASDAQ: FB) shares on Monday, as the price of this ETF lost nearly 2% in Monday’s session. The fund is up significantly in the past year.
ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 47,842 shares of Facebook. At Monday’s closing price, this would have valued this sell at roughly $18 million. This is only a small fraction of the total holdings. The fund is up 40% over the past 52 weeks.
Here are all the other ARK Invest sales for Monday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | 6060HK | ZHONGAN ONLINE P&C INSURANCE | 537,882 |
| ARKF | 9923HK | YEAHKA | 400,800 |
| ARKF | FB | 47,842 | |
| ARKF | JD | JD.COM | 135,536 |
| ARKG | RHHBY | ROCHE | 96 |
| ARKG | PSTI | PLURISTEM THERAPEUTICS | 92 |
| ARKG | PSTG | PURE STORAGE | 96 |
| ARKG | DRNA | DICERNA PHARMACEUTICALS | 96 |
| ARKG | CRBU | CARIBOU BIOSCIENCES | 307 |
| ARKG | CLLS | CELLECTIS | 12,773 |
| ARKG | CDXS | CODEXIS | 12,958 |
| ARKG | BMY | BRISTOL-MYERS SQUIBB | 458,088 |
| ARKK | TER | TERADYNE | 83,450 |
| ARKK | TRMB | TRIMBLE | 63,695 |
| ARKK | NTDOY | NINTENDO | 76,700 |
| ARKK | NSTG | NANOSTRING TECHNOLOGIES | 6,840 |
| ARKK | IOVA | IOVANCE BIOTHERAPEUTICS | 542,589 |
| ARKK | EDIT | EDITAS MEDICINE | 84,388 |
| ARKQ | IRDM | IRIDIUM COMMUNICATIONS | 86,984 |
| ARKQ | NVDA | NVIDIA | 50 |
| ARKW | LC | LENDINGCLUB | 95,707 |
| ARKW | TTD | TRADE DESK | 1,100 |
| ARKW | U | UNITY SOFTWARE | 212,788 |
| ARKW | ADYEY | ADYEN | 534,912 |
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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., owner of 247wallst.com.
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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.
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