Cathie Wood’s ARK Invest Dumps Another $62 Million Worth of Tesla Stock

Investing

September 16, 2021 8: 05 am

A few ARK Invest alternate-traded funds fling by ETF notable particular person Cathie Wooden made a wide sale on Wednesday. Namely, these funds sold over $66 million fee of Tesla Inc. (NASDAQ: TSLA) altogether, as the costs of these funds had been up around 1% on Wednesday. Show that they are up a gorgeous quantity within the past one year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 70,161 shares of Tesla, and ARK Next Skills Recordsdata superhighway ETF (NYSEARCA: ARKW) sold 11,448 shares. At Wednesday’s closing prices, this is in a position to maintain valued the sales at roughly $62.7 million altogether. Even though here is a limited half of their complete holdings, every minute bit counts. The innovation ETF is up 30% within the past one year, and the web ETF is up 42%.

Compare out the total ARK Invest sales for Wednesday as neatly:

Fund Ticker Name Shares
ARKF 6060HK ZHONGAN ONLINE P&C INSURANCE 6,081
ARKF 9923HK YEAHKA 612,400
ARKG CRBU CARIBOU BIOSCIENCES 192,600
ARKG REGN REGENERON PHARMACEUTICALS 24,054
ARKG PSTI PLURISTEM THERAPEUTICS 43
ARKG BMY BRISTOL-MYERS SQUIBB 127,638
ARKG CLLS CELLECTIS 446
ARKK NSTG NANOSTRING TECHNOLOGIES 52,840
ARKK TSLA TESLA 70,161
ARKK TRMB TRIMBLE 53,161
ARKK EDIT EDITAS MEDICINE 38,455
ARKK NTDOY NINTENDO 240,500
ARKQ ISRG INTUITIVE SURGICAL 5,247
ARKQ IRDM IRIDIUM COMMUNICATIONS 19,798
ARKQ GOOG ALPHABET 1,800
ARKQ NXPI NXP SEMICONDUCTORS 11,000
ARKW TSLA TESLA 11,448
ARKW LC LENDINGCLUB 206,806
ARKX GOOG ALPHABET 598
ARKX IRDM IRIDIUM COMMUNICATIONS 43,042
ARKX SPR SPIRIT AEROSYSTEMS HOLDINGS 42,942

Catherine Wooden, the CEO and CIO of ARK Investment Administration, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.

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