Cathie Wood’s ARK Invest Sells Over 75,000 Shares of Snap
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 75,000 shares of Snap Inc. (NYSE: SNAP) on Tuesday, as the share price of this fund traded up 0.1% in the day’s session. The fund’s share price has greatly improved over the past year.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) sold 77,407 shares of Snap. At Tuesday’s closing price, this would have valued this sale at roughly $4.7 million. This is only a small fraction of the total holdings. This fund is up 77% over the past 52 weeks.
Here is a quick look at all the other sales that took place across all ARK ETFs:
|ARKG||PSTI||PLURISTEM THERAPEUTICS INC||102,899|
|ARKG||TXG||10X GENOMICS INC||54,314|
|ARKK||SYRS||SYROS PHARMACEUTICALS INC||913|
|ARKK||ONVO||ORGANOVO HOLDINGS INC||496|
|ARKK||ICE||INTERCONTINENTAL EXCHANGE INC||192,142|
|ARKQ||RAVN||RAVEN INDUSTRIES INC||9,987|
|ARKQ||NXPI||NXP SEMICONDUCTORS NV||31,800|
|ARKQ||MGA||MAGNA INTERNATIONAL INC||66,300|
|ARKQ||GLEO||GALILEO ACQUISITION CORP||11,228|
|ARKQ||DDD||3D SYSTEMS CORP||170,407|
|ARKX||SPR||SPIRIT AEROSYSTEMS HOLDINGS INC||44,545|
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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