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), as the price of the fund was down on the day. Note that the fund is down a fair amount over the past year.
[in-text-ad]
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.
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.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.