Investing
Cathie Wood's ARK Invest Sells Nearly $36 Million Worth of Unity Software Shares
November 10, 2021 7:55 am
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) 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.
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
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.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Editors' Picks
