Investing
Cathie Wood's ARK Invest Sells Nearly a Million Shares of Skillz
Published:
Last Updated:
One ARK exchange-traded fund run by ETF star Cathie Wood sold nearly a million shares of Skillz Inc. (NYSE: SKLZ) shares on Tuesday, as the price of this ETF traded up around 1% in the day’s session. The fund is up significantly in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 952,252 shares of Skillz. At Tuesday’s closing price, this would have valued this sale at roughly $8.3 million. This is only a small fraction of the total holdings. The fund is up 15% over the past 52 weeks.
Here’s a look at all the other sales across ARK Invest funds:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | 4689JP | Z HOLDINGS | 2,431,491 |
ARKF | SI | SILVERGATE CAPITAL | 43,349 |
ARKF | OPEN | OPENDOOR TECHNOLOGIES | 57,830 |
ARKG | VRTX | VERTEX PHARMACEUTICALS | 40,413 |
ARKG | SMFR | SEMA4 | 2,453 |
ARKG | CLLS | CELLECTIS | 23,802 |
ARKG | SDGR | SCHRODINGER | 8,800 |
ARKG | REGN | REGENERON PHARMACEUTICALS | 19,128 |
ARKK | PRLB | PROTO LABS | 44,700 |
ARKK | SKLZ | SKILLZ | 952,252 |
ARKQ | BYDDY | BYD | 26,237 |
ARKW | SE | SEA | 16,517 |
ARKW | PYPL | PAYPAL | 43,209 |
ARKX | HOFP | THALES | 66,347 |
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.
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.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.