Cathie Wood’s ARK Invest Sells Over 630,000 Shares of DocuSign
One of Cathie Wood's ARK Invest exchange-traded funds sold over 630,000 shares of DocuSign on January 7.
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One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Friday. Specifically, this fund sold over 630,000 shares of DocuSign Inc. (NASDAQ: DOCU | DOCU Price Prediction), as the price of the fund was down on the day. Note that the fund is down a fair amount over the past year.
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It was the ARK Innovation ETF (NYSEARCA: ARKK) that sold 632,851 shares of DocuSign. At Friday’s closing price, this would have valued the sale at roughly $86.0 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is down 40% in the past year.
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Check out all of ARK Invest’s trades for Friday as well:
| Fund | Direction | Ticker | Name | Shares |
|---|---|---|---|---|
| ARKG | Buy | BLI | BERKELEY LIGHTS | 108,000 |
| ARKG | Buy | VCYT | VERACYTE | 11,700 |
| ARKG | Buy | RXRX | RECURSION PHARMACEUTICALS | 63,400 |
| ARKG | Buy | QSI | QUANTUM-SI | 94,738 |
| ARKG | Buy | NRIX | NURIX THERAPEUTICS | 178,585 |
| ARKG | Buy | BNR | BURNING ROCK BIOTECH | 31,621 |
| ARKG | Sell | TAK | TAKEDA PHARMACEUTICAL | 571,269 |
| ARKK | Buy | ZM | ZOOM VIDEO COMMUNICATIONS | 18,340 |
| ARKK | Buy | TWLO | TWILIO | 61,218 |
| ARKK | Buy | SQ | BLOCK | 64,852 |
| ARKK | Buy | ROKU | ROKU | 122,516 |
| ARKK | Buy | RBLX | ROBLOX | 261,211 |
| ARKK | Buy | PLTR | PALANTIR TECHNOLOGIES | 249,211 |
| ARKK | Buy | PATH | UIPATH | 37,200 |
| ARKK | Buy | DNA | GINKGO BIOWORKS | 741,015 |
| ARKK | Buy | COIN | COINBASE GLOBAL | 35,284 |
| ARKK | Buy | CGEN | COMPUGEN | 28,281 |
| ARKK | Sell | DOCU | DOCUSIGN | 632,581 |
| ARKQ | Buy | MKFG | MARKFORGED | 27,685 |
| ARKQ | Buy | AVAV | AEROVIRONMENT | 41,049 |
| ARKW | Buy | RBLX | ROBLOX | 61,435 |
| ARKW | Buy | ROKU | ROKU | 29,397 |
| ARKW | Buy | VCYT | VERACYTE | 14,800 |
| ARKW | Sell | TSLA | TESLA | 11,496 |
| ARKX | Buy | MKFG | MARKFORGED | 26,508 |
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
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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.
