Cathie Wood’s ARK Invest Dumps Roughly $265 Million Worth of Tesla Stock

Investing

September 29, 2021 8: 15 am

A few ARK Make investments change-traded funds stride by ETF superstar Cathie Wood made a giant sale on Tuesday. Namely, these funds sold roughly $265 million value of Tesla Inc. (NASDAQ: TSLA), as the costs of these funds had been down around 4% on Tuesday. Indicate even when that they are up an even quantity within the past twelve months.

ARK Innovation ETF (NYSEARCA: ARKK) sold 269,552 shares of Tesla, ARK Self adequate Abilities & Robotics ETF (NYSEARCA: ARKQ) sold 44,045 shares and ARK Next Abilities Web ETF (NYSEARCA: ARKW) sold 27,021 shares. At Tuesday’s closing prices, this could have valued the gross sales at roughly $265 million altogether. Even supposing right here’s a dinky part of their total holdings, every dinky bit counts. These are funds are each up wherever between 24% and 41% within the past twelve months.

Inspect the total ARK Make investments gross sales for Tuesday as neatly:

Fund Ticker Name Shares
ARKG NVS NOVARTIS 320,220
ARKG SDGR SCHRODINGER 97,947
ARKG CRBU CARIBOU BIOSCIENCES 239,900
ARKG CLLS CELLECTIS 700
ARKK NSTG NANOSTRING TECHNOLOGIES 36,178
ARKK NTDOY NINTENDO 182,573
ARKK TSLA TESLA 269,552
ARKK SE SEA 198,375
ARKQ GOOG ALPHABET 1,400
ARKQ NXPI NXP SEMICONDUCTORS 20,023
ARKQ TSLA TESLA 44,045
ARKW TSLA TESLA 27,021
ARKW SNAP SNAP 68,883
ARKX GOOG ALPHABET 594
ARKX HEI HEICO 2,235

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

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