Investing

Cathie Wood's ARK Invest Sold Nearly $14 Million Worth of Disney Stock

Disney Studios

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 90,000 shares of Walt Disney Co. (NYSE: DIS) on Monday, as the price of this ETF was down over 2% in the day’s session. However, the fund is actually down a fair amount in the past year.
[in-text-ad]
ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 93,598 shares of Disney. At Monday’s closing price, this would have valued this sale at roughly $13.7 million. This is only a small fraction of the total holdings. The ETF is down 20% over the past 52 weeks.

Check out all of ARK Invest’s sales for Monday:

Fund Ticker Name Shares
ARKF PYPL PAYPAL 12,376
ARKF INTU INTUIT 9,254
ARKF ICE INTERCONTINENTAL EXCHANGE 51,041
ARKF Z ZILLOW 122,107
ARKG CDXS CODEXIS 34,160
ARKG IONS IONIS PHARMACEUTICALS 61,200
ARKG VRTX VERTEX PHARMACEUTICALS 23,830
ARKK DDD 3D SYSTEMS 10,032
ARKK TXG 10X GENOMICS 40,761
ARKQ TER TERADYNE 26,773
ARKW DIS WALT DISNEY 93,598
ARKX TER TERADYNE 2,770
ARKX LMT LOCKHEED MARTIN 2,642

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.

Sponsored: Want to Retire Early? Here’s a Great First Step

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.