One ARK Invest exchange-traded fund run by ETF star Cathie Wood made a huge sale on Wednesday. Specifically, this fund sold over 60,000 shares of Tesla Inc. (NASDAQ: TSLA), as the price of the fund was up around 1% on the day. Note though that it is up a fair amount in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 63,135 shares of Tesla. At Wednesday’s closing price, this would have valued the sale at roughly $49.4 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 17% in the past year.
Check out all of ARK Invest’s sales for Wednesday as well:
| Fund | Ticker | Name | Shares |
|---|---|---|---|
| ARKG | SMFR | SEMA4 | 626,139 |
| ARKG | VRTX | VERTEX PHARMACEUTICALS | 67,671 |
| ARKG | SDGR | SCHRODINGER | 22,860 |
| ARKG | REGN | REGENERON PHARMACEUTICALS | 30,723 |
| ARKG | IOVA | IOVANCE BIOTHERAPEUTICS | 65,866 |
| ARKK | NSTG | NANOSTRING TECHNOLOGIES | 73,214 |
| ARKK | SE | SEA | 62,700 |
| ARKK | TSLA | TESLA | 63,135 |
| ARKK | PRLB | PROTO LABS | 65,032 |
| ARKQ | BYDDY | BYD | 14,050 |
| ARKX | HOFP | THALES | 14,900 |
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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