One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 260,000 shares of 3D Systems Corp. (NYSE: DDD) shares on Friday, as the share price of this fund gained nearly 6% in the day’s session. The ETF still is down a fair amount over the past year.
It was ARK Innovation ETF (NYSEARCA: ARKK) that sold 260,200 shares of 3D Systems. At Friday’s closing price, this would have valued this sale at roughly $5.7 million. This is only a small fraction of the total holdings. The fund is down over 21% over the past 52 weeks.
Check out all the ARK Invest trades for Friday:
|ARKQ||Buy||BLDE||BLADE AIR MOBILITY||17,578|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.