Investing
Cathie Wood's ARK Invest Sells Over $91 Million Worth of Unity Software Shares
Published:
A couple ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Thursday. These funds sold over 400,000 shares of Unity Software Inc. (NYSE: U) altogether, as the prices of these funds were mixed on the day. Note that these ETFs are still up handily in the past year.
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ARK Innovation ETF (NYSEARCA: ARKK) that sold 443,473 shares of Unity, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 57,398 shares as well. At Thursday’s closing price, this would have valued these sales at $91.2 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation ETF is up 21% in the past 12 months, while the other is up 32%.
Check out all of ARK Invest’s trades for Thursday:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKG | VEEV | VEEVA SYSTEMS | 22,606 |
ARKG | REGN | REGENERON PHARMACEUTICALS | 15,885 |
ARKG | PFE | PFIZER | 407,075 |
ARKG | NSTG | NANOSTRING TECHNOLOGIES | 752 |
ARKG | IOVA | IOVANCE BIOTHERAPEUTICS | 70,800 |
ARKG | CLLS | CELLECTIS | 18,107 |
ARKG | CDXS | CODEXIS | 34,243 |
ARKK | Z | ZILLOW | 137,710 |
ARKK | U | UNITY SOFTWARE | 443,473 |
ARKK | PRLB | PROTO LABS | 29,096 |
ARKK | NSTG | NANOSTRING TECHNOLOGIES | 1,050 |
ARKK | COIN | COINBASE GLOBAL | 124,316 |
ARKW | COIN | COINBASE GLOBAL | 31,658 |
ARKW | PYPL | PAYPAL HOLDINGS | 100 |
ARKW | U | UNITY SOFTWARE | 57,398 |
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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