{"id":120452,"date":"2021-08-26T13:51:25","date_gmt":"2021-08-26T13:51:25","guid":{"rendered":"https:\/\/fin2me.com\/?p=120452"},"modified":"2021-08-26T13:51:25","modified_gmt":"2021-08-26T13:51:25","slug":"cathie-woods-ark-invest-sells-over-125000-shares-of-iovance-bio","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/cathie-woods-ark-invest-sells-over-125000-shares-of-iovance-bio\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells Over 125,000 Shares of Iovance Bio"},"content":{"rendered":"
One of the ARK exchange-traded funds run by ETF star Cathie Wood made huge sale on Wednesday. This fund sold over 125,000 shares of Iovance Biotherapeutics Inc. (NASDAQ: IOVA) shares, as the price of this ETF was flat on Wednesday. Note that this ETF is still up handily in the past year.<\/p>\n
ARK Innovation ETF (NYSEARCA: ARKK) sold 128,163 shares of Iovance. At Wednesday\u2019s closing price, this would have valued this sale at $3 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 37% in the past year.<\/p>\n
Check out all of the ARK Invest sales for Wednesday:<\/p>\n
Fund<\/th>\n | Ticker<\/th>\n | Name<\/th>\n | Shares<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
ARKF<\/td>\n | 3690HK<\/td>\n | MEITUAN<\/td>\n | 1,342,426<\/td>\n<\/tr>\n |
ARKF<\/td>\n | 9923HK<\/td>\n | YEAHKA<\/td>\n | 339,600<\/td>\n<\/tr>\n |
ARKF<\/td>\n | 6060HK<\/td>\n | ZHONGAN ONLINE P&C INSURANCE<\/td>\n | 1,339,400<\/td>\n<\/tr>\n |
ARKG<\/td>\n | SEER<\/td>\n | SEER<\/td>\n | 152,557<\/td>\n<\/tr>\n |
ARKG<\/td>\n | RHHBY<\/td>\n | ROCHE<\/td>\n | 66,000<\/td>\n<\/tr>\n |
ARKG<\/td>\n | PSTI<\/td>\n | PLURISTEM THERAPEUTICS<\/td>\n | 16,223<\/td>\n<\/tr>\n |
ARKG<\/td>\n | BMY<\/td>\n | BRISTOL-MYERS SQUIBB<\/td>\n | 114,400<\/td>\n<\/tr>\n |
ARKK<\/td>\n | IOVA<\/td>\n | IOVANCE BIOTHERAPEUTICS<\/td>\n | 128,163<\/td>\n<\/tr>\n |
ARKK<\/td>\n | NTDOY<\/td>\n | NINTENDO<\/td>\n | 53,300<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | XONE<\/td>\n | EXONE<\/td>\n | 82,333<\/td>\n<\/tr>\n |
ARKW<\/td>\n | LC<\/td>\n | LENDINGCLUB<\/td>\n | 164,932<\/td>\n<\/tr>\n |
ARKW<\/td>\n | NFLX<\/td>\n | NETFLIX<\/td>\n | 192<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \nCatherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24\/7 Wall St.<\/em><\/p>\n \t\t\t<\/p>\n \t\t\t\tALSO READ: Goldman Sachs Says Buy These 4 Top Oil Stocks With Huge 2022 Upside Potential \t\t\t\t |