{"id":118812,"date":"2021-07-27T13:58:18","date_gmt":"2021-07-27T13:58:18","guid":{"rendered":"https:\/\/fin2me.com\/?p=118812"},"modified":"2021-07-27T13:58:18","modified_gmt":"2021-07-27T13:58:18","slug":"cathie-woods-ark-invest-sells-nearly-1-million-shares-of-jd-com","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/cathie-woods-ark-invest-sells-nearly-1-million-shares-of-jd-com\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells Nearly 1 Million Shares of JD.com"},"content":{"rendered":"
A few of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Monday. Specifically, these funds sold nearly 1 million shares of JD.com, Inc. (NASDAQ: JD) altogether, as the price of these funds were mostly down on the day. Note though that these funds are up a fair amount in the past year.<\/p>\n
ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 318,465 shares of JD.com, and Generation Internet ETF (NYSEARCA: ARKW) sold 651,175 shares. ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold only 750 shares. At Monday\u2019s closing price, this would have valued these sales at roughly $64.1 million. Even though this is a small fraction of the total holdings, every little bit counts. The ARKF and ARKW are up 54% and 60%, respectively, in the past year. ARKX is relatively flat year to date.<\/p>\n
Check out all of ARK Invest\u2019s sales for Monday as well:<\/p>\n
Fund<\/th>\n | Ticker<\/th>\n | Company<\/th>\n | Shares<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
ARKF<\/td>\n | JD<\/td>\n | JD.com<\/td>\n | 318,465<\/td>\n<\/tr>\n |
ARKF<\/td>\n | BEKE<\/td>\n | KE Holdings<\/td>\n | 1,282,200<\/td>\n<\/tr>\n |
ARKF<\/td>\n | TCEHY<\/td>\n | Tencent<\/td>\n | 629,884<\/td>\n<\/tr>\n |
ARKF<\/td>\n | PDD<\/td>\n | Pinduoduo<\/td>\n | 116,153<\/td>\n<\/tr>\n |
ARKF<\/td>\n | BABA<\/td>\n | Alibaba<\/td>\n | 99,797<\/td>\n<\/tr>\n |
ARKG<\/td>\n | NVS<\/td>\n | Novartis<\/td>\n | 60,066<\/td>\n<\/tr>\n |
ARKG<\/td>\n | ABBV<\/td>\n | AbbVie<\/td>\n | 376<\/td>\n<\/tr>\n |
ARKG<\/td>\n | CDNA<\/td>\n | CareDx<\/td>\n | 6,763<\/td>\n<\/tr>\n |
ARKG<\/td>\n | RHHBY<\/td>\n | Roche<\/td>\n | 148,719<\/td>\n<\/tr>\n |
ARKG<\/td>\n | PSTI<\/td>\n | Pluristem Therapeutics<\/td>\n | 3,600<\/td>\n<\/tr>\n |
ARKG<\/td>\n | PSTG<\/td>\n | Pure Storage<\/td>\n | 786,175<\/td>\n<\/tr>\n |
ARKK<\/td>\n | TWST<\/td>\n | Twist Bioscience<\/td>\n | 55,880<\/td>\n<\/tr>\n |
ARKK<\/td>\n | TXG<\/td>\n | 10X Genomics<\/td>\n | 33,437<\/td>\n<\/tr>\n |
ARKK<\/td>\n | BEKE<\/td>\n | KE Holdings<\/td>\n | 100,000<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | RAVN<\/td>\n | Raven Industries<\/td>\n | 82<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | BYDDY<\/td>\n | BYD<\/td>\n | 13,761<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | BIDU<\/td>\n | Baidu<\/td>\n | 57,815<\/td>\n<\/tr>\n |
ARKW<\/td>\n | JD<\/td>\n | JD.com<\/td>\n | 651,175<\/td>\n<\/tr>\n |
ARKW<\/td>\n | BEKE<\/td>\n | KE Holdings<\/td>\n | 3,200<\/td>\n<\/tr>\n |
ARKW<\/td>\n | BZ<\/td>\n | Kanzhun<\/td>\n | 24,732<\/td>\n<\/tr>\n |
ARKW<\/td>\n | OPEN<\/td>\n | Opendoor Technologies<\/td>\n | 200<\/td>\n<\/tr>\n |
ARKW<\/td>\n | NTDOY<\/td>\n | Nintendo<\/td>\n | 84,139<\/td>\n<\/tr>\n |
ARKX<\/td>\n | BABA<\/td>\n | Alibaba<\/td>\n | 7,970<\/td>\n<\/tr>\n |
ARKX<\/td>\n | JD<\/td>\n | JD.com<\/td>\n | 750<\/td>\n<\/tr>\n |
ARKX<\/td>\n | RAVN<\/td>\n | Raven Industries<\/td>\n | 1,800<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \nCatherine Wood, the CEO and CIO of ARK Investment Management, is a minority and non-voting shareholder of 24\/7 Wall St.<\/em>\n\t\t<\/p>\n |