Investing
Cathie Wood's ARK Invest Sells Over $21 Million Worth of Unity Software Shares
Published:
One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Thursday. This fund sold nearly 150,000 shares of Unity Software Inc. (NYSE: U), as the price of this fund gained more than 1% on the day. Note that this ETF is still up handily in the past year.
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It was ARK Innovation ETF (NYSEARCA: ARKK) that sold 148,768 shares of Unity. At Thursday’s closing price, this would have valued this sale at $21.0 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up over 13% in the past 12 months.
Check out all of ARK Invest’s trades for Thursday:
| Fund | Direction | Ticker | Name | Shares |
|---|---|---|---|---|
| ARKG | Buy | DYNS | DYNAMICS SPECIAL PURPOSE | 55,000 |
| ARKG | Buy | SLGC | SOMALOGIC | 197,172 |
| ARKG | Buy | VCYT | VERACYTE | 603 |
| ARKK | Sell | PRLB | PROTO LABS | 271,874 |
| ARKK | Sell | U | UNITY SOFTWARE | 148,768 |
| ARKQ | Buy | BLDE | BLADE AIR MOBILITY | 101,265 |
| ARKQ | Buy | TWOU | 2U INC | 511 |
| ARKQ | Buy | VLD | VELO3D | 50,249 |
| ARKX | Buy | MKFG | MARKFORGED | 11,298 |
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.
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