Cathie Wood’s ARK Invest Dumps Over $66 Million Worth of Tesla Stock

Investing

September 15, 2021 8: 05 am

About a ARK Invest change-traded funds hotfoot by ETF neatly-known person Cathie Wood made a tall sale on Tuesday. Particularly, these funds sold over $66 million rate of Tesla Inc. (NASDAQ: TSLA) altogether, because the prices of these funds were down round 1% on Tuesday. Showcase even supposing that they are up a ultimate amount prior to now one year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 70,369 shares of Tesla, and ARK Next Technology Net ETF (NYSEARCA: ARKW) sold 18,555 shares. At Tuesday’s closing prices, this would hold valued the sales at roughly $66 million altogether. Even supposing it’s miles a dinky fragment of their total holdings, every microscopic bit counts. The innovation ETF is up 33% prior to now one year, and the records superhighway ETF is up 44%.

Hang a hold a look at the total ARK Invest sales for Tuesday as neatly:

Fund Ticker Name Shares
ARKF 9923HK YEAHKA 246,000
ARKF ADYENNA ADYEN 5,768
ARKG CRBU CARIBOU BIOSCIENCES 43,309
ARKG CLLS CELLECTIS 2,703
ARKG PSTI PLURISTEM THERAPEUTICS 45
ARKG CDXS CODEXIS 3,350
ARKG BMY BRISTOL-MYERS SQUIBB 104,381
ARKK TSLA TESLA 70,369
ARKK TRMB TRIMBLE 114,652
ARKK NTDOY NINTENDO CO 225,842
ARKK NSTG NANOSTRING TECHNOLOGIES 30,626
ARKK IOVA IOVANCE BIOTHERAPEUTICS 275,500
ARKK EDIT EDITAS MEDICINE 13,648
ARKQ NVDA NVIDIA 48
ARKQ IRDM IRIDIUM COMMUNICATIONS 30,905
ARKW LC LENDINGCLUB 230,963
ARKW TSLA TESLA 18,555
ARKW TTD TRADE DESK 186

Catherine Wood, 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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