One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Monday. Specifically, this fund sold nearly 34,000 shares of Tesla Inc. (NASDAQ: TSLA), as the price of the fund was up over 1% 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 33,919 shares of Tesla. At Monday’s closing price, this would have valued the sale at roughly $34.2 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is down 17% in the past year.
Check out all of ARK Invest’s sales for Monday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKF | AMZN | AMAZON.COM | 1,796 |
| ARKF | JD | JD.COM | 133,329 |
| ARKF | FB | 12,642 | |
| ARKG | IOVA | IOVANCE BIOTHERAPEUTICS | 80,984 |
| ARKG | BFLY | BUTTERFLY NETWORK | 422,692 |
| ARKG | TAK | TAKEDA PHARMACEUTICAL | 568,468 |
| ARKK | EDIT | EDITAS MEDICINE | 105,928 |
| ARKK | TSLA | TESLA | 33,919 |
| ARKQ | LMT | LOCKHEED MARTIN | 9,839 |
| ARKQ | JD | JD.COM | 151,321 |
| ARKW | FB | 64,248 | |
| ARKW | LPSN | LIVEPERSON | 334,820 |
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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