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

One of Cathie Wood's ARK Invest exchange-traded funds sold over 90,000 shares of Disney on December 20.

Published December 21, 2021, 7:35am ET · 1 min read

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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 | DIS Price Prediction) 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.

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.

Contact [email protected] for any questions or corrections.

1INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE

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4There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event.

Chris Lange

Chris Lange is a financial and geopolitical writer with more than a decade of experience covering a myriad of topics. He has published thousands of articles for 24/7 Wall St., with past coverage focused heavily on stocks, IPOs, healthcare, defense, global affairs, and technology.

His work has been quoted, or referenced by a number of outlets including Business Insider, USA Today, Yahoo Finance, MSN, The Motley Fool, and many other publications. A graduate of Southwestern University, he studied business with a focus on investments and has previous experience in banking and startups.

When not reading or writing the news, he is following his passion for Lacrosse, playing chess, or building solar projects with his dad.

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