Cathie Wood’s ARK Invest Dumps Over $100 Million Worth of Tesla Stock

Investing

September 9, 2021 11: 05 am

Closing Up up to now: September 9, 2021 9: 20 pm

A few ARK Invest substitute-traded funds trail by ETF neatly-known particular person Cathie Wood made a mountainous sale on Wednesday. Particularly, these funds purchased over a $100 million price of Tesla Inc. (NASDAQ: TSLA), as the costs of these funds were down spherical 2% on Wednesday. Demonstrate although that they are up an perfect quantity prior to now year.

ARK Innovation ETF (NYSEARCA: ARKK) purchased 119,487 shares of Tesla, ARK Autonomous Abilities & Robotics ETF (NYSEARCA: ARKQ) purchased 7,229 shares, and ARK Next Abilities Web ETF (NYSEARCA: ARKW) purchased 15,992 shares. At Wednesday’s closing prices, this would possibly perhaps hang valued the gross sales at roughly $107.6 million altogether. Even supposing that is a small portion of their complete holdings, every diminutive bit counts. These are funds are every up about 50% prior to now year.

Study out the general ARK Invest gross sales for Wednesday as effectively:

Fund Ticker Title Shares
ARKF 4689JP Z HOLDINGS 2,312,030
ARKF MELI MERCADOLIBRE 7,684
ARKF HDB HDFC BANK 4,542
ARKF 9923HK YEAHKA 202,400
ARKF 6060HK ZHONGAN ONLINE P&C INSURANCE 484,900
ARKG SRPT SAREPTA THERAPEUTICS 9,855
ARKG PSTI PLURISTEM THERAPEUTICS 3,951
ARKG PSTG PURE STORAGE 144,643
ARKG NVS NOVARTIS 193,937
ARKG MCRB SERES THERAPEUTICS 97
ARKG DRNA DICERNA PHARMACEUTICALS 113,568
ARKG CRBU CARIBOU BIOSCIENCES 10,250
ARKG CLLS CELLECTIS 3,100
ARKK TSLA TESLA 119,487
ARKQ TSLA TESLA 7,229
ARKQ NXPI NXP SEMICONDUCTORS 66,507
ARKQ NVDA NVIDIA 30,225
ARKW LC LENDINGCLUB 127,719
ARKW TSLA TESLA 15,992
ARKW TTD TRADE DESK 172,095
ARKX SPR SPIRIT AEROSYSTEMS HOLDINGS 13,098
ARKX IRDM IRIDIUM COMMUNICATIONS 5,845
ARKX BA BOEING 15,911
ARKX TRMB TRIMBLE 11,267

Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St., proprietor of 247wallst.com.

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