One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Friday. This fund parted with over 85,000 shares of Square Inc. (NASDAQ: SQ), as the price of this ETF gained about 2% in Friday’s session. Note that this fund is still up significantly in the past year.
Specifically, ARK Innovation ETF (NYSEARCA: ARKK) sold 85,487 shares of Square. At Friday’s closing price, this would have valued this sale at roughly $20.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 12% in the past year.
Check out all of ARK Invest’s sales for Friday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | SDGR | SCHRODINGER | 10,905 |
| ARKG | SMFR | SEMA4 | 79,461 |
| ARKK | NSTG | NANOSTRING TECHNOLOGIES | 5,700 |
| ARKK | PRLB | PROTO LABS | 23,130 |
| ARKK | SE | SEA | 18,921 |
| ARKK | IRDM | IRIDIUM COMMUNICATIONS | 180,888 |
| ARKK | SQ | SQUARE | 85,487 |
| ARKK | DOCU | DOCUSIGN | 78,867 |
| ARKQ | NXPI | NXP SEMICONDUCTORS | 1,951 |
| ARKQ | BYDDY | BYD | 14,420 |
| ARKW | LC | LENDINGCLUB | 494 |
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.
24/7 Wall St.Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply
clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
