Investing

Cathie Wood's ARK Invest Sells for 11/12

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The S&P 500, Dow Jones, and Nasdaq bounced back yet again on Friday after a couple down days in the middle of the week. ARK Invest funds rallied as well with one small exception. ARKF performed the best out of the group, with a 2.2% gain on the day, while ARKG did the worst, down 0.2%. The gains from the past year are slowly sliding away, but Cathie Wood may have something up her sleeve, as she is constantly reshuffling her ETFs to stand up to market headwinds.

ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.

Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.

While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major sales that ARK Invest executed on November 12, 2021. Also check out all the ARK Invest purchases that took place that same day.

The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.0 billion. Here are some notable sales in this fund: NO SALES

ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.7 billion. Here are the notable sales in this fund: 32,572 shares of Codexis, 21,500 shares of Cellectis, & 6,917 shares of Regeneron.

ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $25.5 billion. Here are some notable sales in this fund: 589,903 shares of Zillow Group.

ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.1 billion. Here are some notable trades in the fund: 7,908 shares of Lockheed Martin.

ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.4 billion. Here are a couple of notable sales in this fund: NO SALES

Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. Notable sales in this fund: 8,028 shares of Lockheed Martin & 14,494 shares of Unity Software.

Check out all the sales here:

FUND Direction Ticker Name Shares
ARKG Sell CDXS CODEXIS INC 32,572
ARKG Sell CLLS CELLECTIS SA 21,500
ARKG Sell IOVA IOVANCE BIOTHERAPEUTICS INC 450
ARKG Sell REGN REGENERON PHARMACEUTICALS INC 6,917
ARKK Sell Z ZILLOW GROUP INC 589,903
ARKQ Sell LMT LOCKHEED MARTIN CORP 7,908
ARKX Sell LMT LOCKHEED MARTIN CORP 8,028
ARKX Sell U UNITY SOFTWARE INC 14,494

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.

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