Cathie Wood’s ARK Invest Sells Over 690,000 Shares of Takeda Pharma

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By Chris Lange Published
Cathie Wood’s ARK Invest Sells Over 690,000 Shares of Takeda Pharma

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One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 690,000 shares of Takeda Pharmaceutical Co. Ltd. (NYSE: TAK | TAK Price Prediction) on Tuesday, as the share price of this fund traded was up 2% in the day’s session. Its share price has greatly improved over the past year.
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ARK Genomic Revolution ETF (NYSEARCA: ARKG) sold 692,660 shares of Takeda. At Tuesday’s closing price, this would have valued this sale at roughly $9.8 million. This is only a small fraction of the total holdings. This fund is flat over the past 52 weeks.
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Here is a quick look at all the other sales that took place across all ARK ETFs:

Fund Ticker Name Shares
ARKF OPEN OPENDOOR TECHNOLOGIES 166,353
ARKF Z ZILLOW 123,790
ARKG INCY INCYTE 6,219
ARKG TAK TAKEDA PHARMACEUTICAL 692,660
ARKG VEEV VEEVA SYSTEMS 31,755
ARKQ LMT LOCKHEED MARTIN 4,885
ARKQ U UNITY SOFTWARE 11,000
ARKW U UNITY SOFTWARE 112,381
ARKX HOFP THALES 15,040

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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Photo of Chris Lange
About the Author Chris Lange →

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics.

Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications.

A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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