Cathie Wood’s ARK Invest Dumps Over $19 Million Worth of Tesla Stock

Investing

September 28, 2021 8: 05 am

Just a few ARK Make investments commerce-traded funds inch by ETF star Cathie Wood made a giant sale on Monday. Namely, these funds sold over $19 million worth of Tesla Inc. (NASDAQ: TSLA) altogether, as the prices of these funds had been mixed on Monday. Present that they are up a ravishing quantity within the past year.

ARK Self ample Technology & Robotics ETF (NYSEARCA: ARKQ) sold 11,000 shares of Tesla, and ARK Subsequent Generation Net ETF (NYSEARCA: ARKW) sold 13,361 shares. At Monday’s closing prices, this would possibly possibly possess valued the gross sales at roughly $19.3 million altogether. Even supposing it is some distance a puny portion of their total holdings, every miniature bit counts. The robotics ETF is up 49% within the past year, and the rating ETF is up 40%.

Check out your total ARK Make investments gross sales for Monday as effectively:

Fund Ticker Name Shares
ARKF SE SEA 41,393
ARKF MELI MERCADOLIBRE 7,665
ARKG SMFR SEMA4 1,200
ARKG NVS NOVARTIS 107,020
ARKG CSTL CASTLE BIOSCIENCES 11,200
ARKG CRBU CARIBOU BIOSCIENCES 39,860
ARKG CLLS CELLECTIS 24,503
ARKG CDXS CODEXIS 1,200
ARKK TER TERADYNE 67,000
ARKQ TSLA TESLA 11,000
ARKQ SNPS SYNOPSYS 25,099
ARKW TWLO TWILIO 31,431
ARKW TSLA TESLA 13,361
ARKX HEI HEICO 6,152

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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