Cathie Wood’s ARK Invest Sells $62 Million Worth of Tesla Stock
A couple of Cathie Wood's ARK Invest exchange-traded funds sold over 55,000 shares of Tesla on December 27.
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A few of ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Monday. Specifically, these ETFs sold roughly $62 million worth of Tesla Inc. (NASDAQ: TSLA | TSLA Price Prediction) altogether, as the prices of these funds were mixed on the day. Note that these funds are mostly down over the past year, with one big exception.
ARK Innovation ETF (NYSEARCA: ARKK) sold 23,495 shares of Tesla, ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 5,070 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 27,730 shares. At Monday’s closing price, this would have valued the sales at roughly $61.6 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. While the robotics fund is up around 4% in the past year, the innovation fund and the internet fund are down about 26% and 16%, respectively.
Check out all the ARK Invest sales for Monday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | FB | 48 | |
| ARKF | PAGS | PAGSEGURO DIGITAL | 147 |
| ARKG | ALLO | ALLOGENE THERAPEUTICS | 3,070 |
| ARKG | VRTX | VERTEX PHARMACEUTICALS | 41,298 |
| ARKK | TDOC | TELADOC HEALTH | 67,719 |
| ARKK | SSYS | STRATASYS | 26,410 |
| ARKK | SQ | SQUARE | 21,503 |
| ARKK | SPOT | SPOTIFY TECHNOLOGY | 19,345 |
| ARKK | SKLZ | SKILLZ | 67,105 |
| ARKK | SHOP | SHOPIFY | 2,784 |
| ARKK | SGFY | SIGNIFY HEALTH | 20,321 |
| ARKK | ROKU | ROKU | 28,696 |
| ARKK | RBLX | ROBLOX | 4,470 |
| ARKK | TRMB | TRIMBLE | 13,421 |
| ARKK | TSLA | TESLA | 23,495 |
| ARKK | ZM | ZOOM VIDEO COMMUNICATIONS | 28,481 |
| ARKK | VCYT | VERACYTE | 11,900 |
| ARKK | U | UNITY SOFTWARE | 35,173 |
| ARKK | TXG | 10X GENOMICS | 12,511 |
| ARKK | TWTR | 67,816 | |
| ARKK | TWST | TWIST BIOSCIENCE | 11,046 |
| ARKK | TWOU | 2U | 35,318 |
| ARKK | TWLO | TWILIO | 16,295 |
| ARKK | TSP | TUSIMPLE HOLDINGS | 40,900 |
| ARKK | PLTR | PALANTIR TECHNOLOGIES | 150,219 |
| ARKK | PD | PAGERDUTY | 17,221 |
| ARKK | PATH | UIPATH | 90,357 |
| ARKK | DNA | GINKGO BIOWORKS | 75,310 |
| ARKK | DKNG | DRAFTKINGS | 53,200 |
| ARKK | DDD | 3D SYSTEMS | 7,565 |
| ARKK | CRSP | CRISPR THERAPEUTICS | 15,900 |
| ARKK | COIN | COINBASE GLOBAL | 21,049 |
| ARKK | CGEN | COMPUGEN | 12,900 |
| ARKK | CERS | CERUS | 34,215 |
| ARKK | BLI | BERKELEY LIGHTS | 29,600 |
| ARKK | DOCU | DOCUSIGN | 10,397 |
| ARKK | EDIT | EDITAS MEDICINE | 13,200 |
| ARKK | EXAS | EXACT SCIENCES | 25,880 |
| ARKK | PACB | PACIFIC BIOSCIENCES OF CALIFORNIA | 60,066 |
| ARKK | NVTA | INVITAE | 61,600 |
| ARKK | NTLA | INTELLIA THERAPEUTICS | 32,429 |
| ARKK | MTLS | MATERIALISE | 10,529 |
| ARKK | IRDM | IRIDIUM COMMUNICATIONS | 41,181 |
| ARKK | IOVA | IOVANCE BIOTHERAPEUTICS | 28,105 |
| ARKK | HOOD | ROBINHOOD MARKETS | 81,304 |
| ARKK | FATE | FATE THERAPEUTICS | 13,150 |
| ARKK | BEAM | BEAM THERAPEUTICS | 17,040 |
| ARKQ | TSLA | TESLA | 5,070 |
| ARKW | ZM | ZOOM VIDEO COMMUNICATIONS | 21,745 |
| ARKW | SNOW | SNOWFLAKE | 7 |
| ARKW | SNAP | SNAP | 23,764 |
| ARKW | SHOP | SHOPIFY | 3,121 |
| ARKW | SE | SEA | 7,055 |
| ARKW | ROKU | ROKU | 25,269 |
| ARKW | RBLX | ROBLOX | 34,293 |
| ARKW | PTON | PELOTON INTERACTIVE | 258 |
| ARKW | PLTR | PALANTIR TECHNOLOGIES | 103,155 |
| ARKW | SPLK | SPLUNK | 23,472 |
| ARKW | SPOT | SPOTIFY TECHNOLOGY | 11,695 |
| ARKW | VUZI | VUZIX | 130,484 |
| ARKW | U | UNITY SOFTWARE | 23,774 |
| ARKW | TWTR | 117,053 | |
| ARKW | TWOU | 2U | 32,866 |
| ARKW | TWLO | TWILIO | 5,598 |
| ARKW | TSLA | TESLA | 27,730 |
| ARKW | TDOC | TELADOC HEALTH | 53,340 |
| ARKW | SQ | SQUARE | 21,680 |
| ARKW | PD | PAGERDUTY | 9,862 |
| ARKW | PATH | UIPATH | 57,841 |
| ARKW | FTCH | FARFETCH | 101 |
| ARKW | FB | 99 | |
| ARKW | ETSY | ETSY | 6,462 |
| ARKW | EDR | ENDEAVOR GROUP | 11,785 |
| ARKW | DOCU | DOCUSIGN | 9,340 |
| ARKW | DIS | WALT DISNEY | 7,066 |
| ARKW | COIN | COINBASE GLOBAL | 25,435 |
| ARKW | CND | CONCORD ACQUISITION | 48,300 |
| ARKW | GENI | GENIUS SPORTS | 107,204 |
| ARKW | HOOD | ROBINHOOD MARKETS | 44,406 |
| ARKW | OKTA | OKTA | 5,234 |
| ARKW | NU | NU HOLDINGS | 50,835 |
| ARKW | NNDM | NANO DIMENSION | 140,838 |
| ARKW | NET | CLOUDFLARE | 3,289 |
| ARKW | MNDY | MONDAY.COM | 1,835 |
| ARKW | MELI | MERCADOLIBRE | 933 |
| ARKW | LPSN | LIVEPERSON | 9,759 |
| ARKW | KIND | NEXTDOOR | 110,116 |
| ARKW | ADYEY | ADYEN | 36,482 |
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.
Contact [email protected] for any questions or corrections.
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.
