Cathie Wood’s ARK Invest Sells Over $48 Million Worth of Teradyne Stock
One of Cathie Wood's Ark Invest exchange-traded funds sold over $48 million worth of shares of Teradyne on September 21.
One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Tuesday. This fund sold over 415,000 shares of Teradyne Inc. (NASDAQ: TER | TER Price Prediction), as the price of this ETF bounced back slightly on the day. Note that this stock is still up handily in the past year.
It was ARK Innovation ETF (NYSEARCA: ARKK) that sold 417.933 shares of Teradyne. At Tuesday’s closing price, this would have valued this sale at $48.5 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up over 31% in the past 12 months.
Check out all of ARK Invest’s Sells for Tuesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | 9923HK | YEAHKA | 132,000 |
| ARKG | NVS | NOVARTIS | 94,000 |
| ARKG | SMFR | SEMA4 | 236,370 |
| ARKG | CDXS | CODEXIS | 16,133 |
| ARKG | CLLS | CELLECTIS | 4,696 |
| ARKG | CRBU | CARIBOU BIOSCIENCES | 275,182 |
| ARKK | PRLB | PROTO LABS | 38,881 |
| ARKK | NTDOY | NINTENDO | 90,600 |
| ARKK | IRDM | IRIDIUM COMMUNICATIONS | 221,000 |
| ARKK | TER | TERADYNE | 417,933 |
| ARKQ | NXPI | NXP SEMICONDUCTORS | 52,123 |
| ARKQ | SNPS | SYNOPSYS | 4,219 |
| ARKW | SE | SEA | 52,864 |
| ARKW | SHOP | SHOPIFY | 7,531 |
| ARKW | SQ | SQUARE | 21,827 |
| ARKX | NVDA | NVIDIA | 6,000 |
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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.
When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.
