{"id":123013,"date":"2021-11-16T14:27:21","date_gmt":"2021-11-16T14:27:21","guid":{"rendered":"https:\/\/fin2me.com\/?p=123013"},"modified":"2021-11-16T14:27:21","modified_gmt":"2021-11-16T14:27:21","slug":"cathie-woods-ark-invest-sells-over-39-million-worth-of-zillow-shares","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/cathie-woods-ark-invest-sells-over-39-million-worth-of-zillow-shares\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells Over $39 Million Worth of Zillow Shares"},"content":{"rendered":"
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.<\/p>\n
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\u2019s 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.<\/p>\n
Here\u2019s a look at all the ARK Invest sales for Monday:<\/p>\n
Fund<\/th>\n | Ticker<\/th>\n | Name<\/th>\n | Shares<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
ARKF<\/td>\n | OPEN<\/td>\n | OPENDOOR TECHNOLOGIES<\/td>\n | 568,263<\/td>\n<\/tr>\n |
ARKF<\/td>\n | INTU<\/td>\n | INTUIT<\/td>\n | 15,931<\/td>\n<\/tr>\n |
ARKF<\/td>\n | Z<\/td>\n | ZILLOW<\/td>\n | 143,228<\/td>\n<\/tr>\n |
ARKG<\/td>\n | VEEV<\/td>\n | VEEVA SYSTEMS<\/td>\n | 11,936<\/td>\n<\/tr>\n |
ARKG<\/td>\n | TAK<\/td>\n | TAKEDA PHARMACEUTICAL<\/td>\n | 31,717<\/td>\n<\/tr>\n |
ARKG<\/td>\n | REGN<\/td>\n | REGENERON PHARMACEUTICALS<\/td>\n | 21,494<\/td>\n<\/tr>\n |
ARKG<\/td>\n | CLLS<\/td>\n | CELLECTIS<\/td>\n | 100<\/td>\n<\/tr>\n |
ARKG<\/td>\n | CDXS<\/td>\n | CODEXIS<\/td>\n | 5,819<\/td>\n<\/tr>\n |
ARKK<\/td>\n | Z<\/td>\n | ZILLOW<\/td>\n | 471,622<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | LMT<\/td>\n | LOCKHEED MARTIN<\/td>\n | 20,232<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | GOOG<\/td>\n | ALPHABET<\/td>\n | 2,662<\/td>\n<\/tr>\n |
ARKW<\/td>\n | NET<\/td>\n | CLOUDFLARE<\/td>\n | 77,042<\/td>\n<\/tr>\n |
ARKW<\/td>\n | U<\/td>\n | UNITY SOFTWARE<\/td>\n | 90,817<\/td>\n<\/tr>\n |
ARKX<\/td>\n | U<\/td>\n | UNITY SOFTWARE<\/td>\n | 12,356<\/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.\n\t\t<\/p>\n |