{"id":115195,"date":"2021-05-27T15:09:49","date_gmt":"2021-05-27T15:09:49","guid":{"rendered":"https:\/\/fin2me.com\/?p=115195"},"modified":"2021-05-27T15:09:49","modified_gmt":"2021-05-27T15:09:49","slug":"cathie-woods-ark-invest-sells-3-6-million-shares-of-syros-pharma","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/cathie-woods-ark-invest-sells-3-6-million-shares-of-syros-pharma\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells 3.6 Million Shares of Syros Pharma"},"content":{"rendered":"
One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 3.6 million shares of Syros Pharmaceuticals Inc. (NASDAQ: SYRS) on Wednesday, as the share price of this fund traded up nearly 2% in the day\u2019s session. The fund\u2019s share price has greatly improved over the past year.<\/p>\n
ARK Innovation ETF (NYSEARCA: ARKK) sold 3,574,908 shares of Syros Pharma. At Wednesday\u2019s closing price, this would have valued this sale at roughly $20.0 million. This is only a small fraction of the total holdings. ARKK is up 81% over the past 52 weeks.<\/p>\n
Here is a quick look at all the other sales that took place across all ARK ETFs:<\/p>\n
Fund<\/th>\n | Ticker<\/th>\n | Company<\/th>\n | Shares<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
ARKF<\/td>\n | 6060HK<\/td>\n | ZHONGAN ONLINE P&C INSURANCE CO LTD<\/td>\n | 677,300<\/td>\n<\/tr>\n |
ARKF<\/td>\n | GWRE<\/td>\n | GUIDEWIRE SOFTWARE INC<\/td>\n | 246<\/td>\n<\/tr>\n |
ARKG<\/td>\n | GH<\/td>\n | GUARDANT HEALTH INC<\/td>\n | 10,800<\/td>\n<\/tr>\n |
ARKG<\/td>\n | NVS<\/td>\n | NOVARTIS AG<\/td>\n | 166,980<\/td>\n<\/tr>\n |
ARKG<\/td>\n | PSTI<\/td>\n | PLURISTEM THERAPEUTICS INC<\/td>\n | 50,671<\/td>\n<\/tr>\n |
ARKG<\/td>\n | TAK<\/td>\n | TAKEDA PHARMACEUTICAL CO LTD<\/td>\n | 78,202<\/td>\n<\/tr>\n |
ARKK<\/td>\n | SYRS<\/td>\n | SYROS PHARMACEUTICALS INC<\/td>\n | 3,574,908<\/td>\n<\/tr>\n |
ARKK<\/td>\n | ONVO<\/td>\n | ORGANOVO HOLDINGS INC<\/td>\n | 8,989<\/td>\n<\/tr>\n |
ARKK<\/td>\n | HUYA<\/td>\n | HUYA INC<\/td>\n | 486,140<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | AVAV<\/td>\n | AEROVIRONMENT INC<\/td>\n | 11,207<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | GLEO<\/td>\n | GALILEO ACQUISITION CORP<\/td>\n | 22,423<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | ADSK<\/td>\n | AUTODESK INC<\/td>\n | 119<\/td>\n<\/tr>\n |
ARKX<\/td>\n | RAVN<\/td>\n | RAVEN INDUSTRIES INC<\/td>\n | 9,215<\/td>\n<\/tr>\n |
ARKX<\/td>\n | ADSK<\/td>\n | AUTODESK INC<\/td>\n | 23<\/td>\n<\/tr>\n |
ARKX<\/td>\n | WKHS<\/td>\n | WORKHORSE GROUP INC<\/td>\n | 6<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n 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.<\/p>\n<\/p>\n |