Investing
Cathie Wood's ARK Invest Dumps Nearly $112 Million Worth of Tesla Stock
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A few ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Monday. Specifically, these funds sold roughly $112 million worth of Tesla Inc. (NASDAQ: TSLA), as the prices of these funds were down around 3% on Monday. Note though that they are up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 81,792 shares of Tesla, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 31,008 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 30,352 shares. At Monday’s closing prices, this would have valued the sales at roughly $111.9 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. These are funds are each up between 18% and 34% in the past year.
Check out all the ARK Invest sales for Monday as well:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | 9923HK | YEAHKA | 37,200 |
ARKF | SI | SILVERGATE CAPITAL | 80,457 |
ARKF | OPEN | OPENDOOR TECHNOLOGIES | 343,600 |
ARKF | INTU | INTUIT | 18,147 |
ARKG | VRTX | VERTEX PHARMACEUTICALS | 60,022 |
ARKG | NVS | NOVARTIS | 776 |
ARKG | TAK | TAKEDA PHARMACEUTICAL | 222,743 |
ARKG | SMFR | SEMA4 | 14,233 |
ARKG | CLLS | CELLECTIS | 115,200 |
ARKG | CRBU | CARIBOU BIOSCIENCES | 1,344 |
ARKG | SDGR | SCHRODINGER | 8,792 |
ARKG | REGN | REGENERON PHARMACEUTICALS | 42,297 |
ARKK | TSLA | TESLA | 81,792 |
ARKK | TER | TERADYNE | 475 |
ARKK | SKLZ | SKILLZ | 278,800 |
ARKK | PRLB | PROTO LABS | 2,900 |
ARKK | NTDOY | NINTENDO | 32,469 |
ARKQ | BYDDY | BYD | 13,708 |
ARKQ | TSLA | TESLA | 31,008 |
ARKW | TSLA | TESLA | 30,352 |
ARKW | SE | SEA | 21,848 |
ARKW | PYPL | PAYPAL | 51,269 |
ARKX | BA | BOEING | 8,600 |
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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