A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Thursday. These funds parted with over 280,000 shares of Square Inc. (NASDAQ: SQ), as their share prices gained less than 1% in Thursday’s session. Note that these funds just turned negative in terms of their year-over-year performance.
[in-text-ad]
ARK Innovation ETF (NYSEARCA: ARKK) sold 224,999 shares of Square and ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 56,407 shares. At Thursday’s closing prices, this would have valued these sales at roughly $54.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation fund is down 10% in the past year, and the other is down closer to 2%.
Check out all of ARK Invest’s sales for Thursday as well:
Fund | Ticker | Name | Shares |
---|---|---|---|
ARKF | SE | SEA | 25,293 |
ARKF | TOST | TOAST | 189,033 |
ARKG | DNA | GINKGO BIOWORKS | 782,292 |
ARKG | SLGC | SOMALOGIC | 52,635 |
ARKG | MASS | 908 DEVICES | 107,633 |
ARKK | SQ | SQUARE | 224,999 |
ARKK | TRMB | TRIMBLE | 11,942 |
ARKK | TWLO | TWILIO | 106,322 |
ARKK | VCYT | VERACYTE | 39,607 |
ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 130,972 |
ARKK | SGFY | SIGNIFY HEALTH | 9,550 |
ARKK | RBLX | ROBLOX | 370,428 |
ARKK | NTLA | INTELLIA THERAPEUTICS | 79,336 |
ARKK | MTLS | MATERIALISE | 100,035 |
ARKK | DNA | GINKGO BIOWORKS | 1,274,116 |
ARKQ | ACHR | ARCHER AVIATION | 9,715 |
ARKQ | BLDE | BLADE AIR MOBILITY | 44,343 |
ARKQ | XPEV | XPENG | 277,263 |
ARKQ | ISRG | INTUITIVE SURGICAL | 10,738 |
ARKQ | VUZI | VUZIX | 189,161 |
ARKQ | MKFG | MARKFORGED | 60,205 |
ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 33,081 |
ARKW | TWLO | TWILIO | 41,775 |
ARKW | SQ | SQUARE | 56,407 |
ARKW | SPLK | SPLUNK | 30,300 |
ARKX | VLD | VELO3D | 92,524 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
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.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.