Investing

Cathie Wood's ARK Invest Sells Nearly 570,000 Shares of Opendoor Technologies

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One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 570,000 shares of Opendoor Technologies Inc. (NASDAQ: OPEN) on Monday, as the share price of this fund traded relatively flat in the day’s session. The fund’s share price has greatly improved over the past year.
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Specifically, ARK Next Fintech Innovation ETF (NYSEARCA: ARKF) sold 568,263 shares of Opendoor Technologies. At Monday’s closing price, this would have valued this sale at roughly $12.8 million. This is only a small fraction of the total holdings. This fund is up 21% over the past 52 weeks.

Here is a quick look at all the other sales that took place across all ARK Invest ETFs:

Fund Ticker Name Shares
ARKF OPEN OPENDOOR TECHNOLOGIES 568,263
ARKF INTU INTUIT 15,931
ARKF Z ZILLOW 143,228
ARKG VEEV VEEVA SYSTEMS 11,936
ARKG TAK TAKEDA PHARMACEUTICAL 31,717
ARKG REGN REGENERON PHARMACEUTICALS 21,494
ARKG CLLS CELLECTIS 100
ARKG CDXS CODEXIS 5,819
ARKK Z ZILLOW 471,622
ARKQ LMT LOCKHEED MARTIN 20,232
ARKQ GOOG ALPHABET 2,662
ARKW NET CLOUDFLARE 77,042
ARKW U UNITY SOFTWARE 90,817
ARKX U UNITY SOFTWARE 12,356

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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