Cathie Wood’s ARK Invest Sells Over 250,000 Shares of Palantir
A couple of Cathie Wood's Ark Invest exchange-traded funds sold over 250,000 shares of Palantir on December 27.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Monday. Specifically, these funds sold over 250,000 shares of Palantir Technologies Inc. (NASDAQ: PLTR | PLTR Price Prediction) altogether, as the price of these ETFs were down on the day. Note that they are down a fair amount in the past year.
[in-text-ad]
ARK Innovation ETF (NYSEARCA: ARKK) sold 150,219 shares of Palantir and ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 103,155 shares. At Monday’s closing price, this would have valued these sales at roughly $4.8 million. Even though this is a small fraction of the total holdings, every little bit counts. The innovation fund is down 26% in the past year and the other is down 16%.
[nativounit]
Check out all of ARK Invest’s 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.
[recirclink id=1020732][wallst_email_signup]
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.
