Cathie Wood’s ARK Invest Sells Over $39 Million Worth of Zillow Shares

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold more than 600,000 shares of Zillow Group Inc. (NASDAQ: Z) on Monday. The share price of these ETFs were mixed on the day, but they are still up significantly in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 143,228 shares of Zillow and ARK Innovation ETF (NYSEARCA: ARKK) sold 471,622 shares on Monday. At Zillow’s latest closing price, this would have valued the sale at roughly $39.1 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. These funds up 20% or so in the past year.

Here’s a look at all the ARK Invest sales for Monday:

FundTickerNameShares
ARKFOPENOPENDOOR TECHNOLOGIES568,263
ARKFINTUINTUIT15,931
ARKFZZILLOW143,228
ARKGVEEVVEEVA SYSTEMS11,936
ARKGTAKTAKEDA PHARMACEUTICAL31,717
ARKGREGNREGENERON PHARMACEUTICALS21,494
ARKGCLLSCELLECTIS100
ARKGCDXSCODEXIS5,819
ARKKZZILLOW471,622
ARKQLMTLOCKHEED MARTIN20,232
ARKQGOOGALPHABET2,662
ARKWNETCLOUDFLARE77,042
ARKWUUNITY SOFTWARE90,817
ARKXUUNITY SOFTWARE12,356

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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