Cathie Wood’s ARK Invest Sells Nearly $36 Million Worth of Unity Software Shares
A few of Cathie Wood's Ark Invest exchange-traded funds sold over 205,000 shares of Unity Software on November 9.
Some ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Tuesday. These funds sold over 205,000 shares of Unity Software Inc. (NYSE: U | U Price Prediction) altogether, as the price of these ETFs lost more than 1% on the day. Note that they are still up handily in the past year.
[in-text-ad]
Here’s a rundown of the sales:
- ARK Innovation ETF (NYSEARCA: ARKK) sold 121,968 shares of Unity Software
- ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ): 47,465 shares.
- ARK Next Generation Internet ETF (NYSEARCA: ARKW): 33,281 shares
- ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX): 5,343 shares
[nativounit]
At Tuesday’s closing price, this would have valued this sale at $35.7 million. Even though this is a small fraction of the total holdings, every little bit counts. These funds are up between 4% and 41% in the past 12 months.
Check out all the ARK Invest sales for Tuesday:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | REGN | REGENERON PHARMACEUTICALS | 17,447 |
| ARKG | PFE | PFIZER | 238,235 |
| ARKG | CSTL | CASTLE BIOSCIENCES | 200 |
| ARKG | CLLS | CELLECTIS | 25,000 |
| ARKK | PRLB | PROTO LABS | 23,707 |
| ARKK | U | UNITY SOFTWARE | 121,968 |
| ARKQ | U | UNITY SOFTWARE | 47,465 |
| ARKW | RBLX | ROBLOX | 82,267 |
| ARKW | U | UNITY SOFTWARE | 33,281 |
| ARKX | U | UNITY SOFTWARE | 5,343 |
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.
[recirclink id=989036][wallst_email_signup]
Contact [email protected] for any questions or corrections.
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.
