{"id":123129,"date":"2021-11-18T15:48:29","date_gmt":"2021-11-18T15:48:29","guid":{"rendered":"https:\/\/fin2me.com\/?p=123129"},"modified":"2021-11-18T15:48:29","modified_gmt":"2021-11-18T15:48:29","slug":"cathie-woods-ark-invest-sells-over-14-million-worth-of-zillow-shares","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/cathie-woods-ark-invest-sells-over-14-million-worth-of-zillow-shares\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells Over $14 Million Worth of Zillow Shares"},"content":{"rendered":"
Some ARK Invest exchange-traded funds run by ETF star Cathie Wood sold almost 240,000 shares of Zillow Group Inc. (NASDAQ: Z) on Wednesday. The share price of these ETFs were down over 1% on the day, but they are still up significantly in the past year.<\/p>\n
ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 137,214 shares of Zillow, ARK Innovation ETF (NYSEARCA: ARKK) parted with 31,361 shares and ARK Next Generation Internet ETF (NYSEARCA: ARKW) shed 71,156 shares on Wednesday. At Zillow\u2019s latest closing price, this would have valued the sale at roughly $12.6 million altogether. Even though this is a small fraction of the total holdings, every little bit counts. These funds up between 17% and 30% in the past year.<\/p>\n
Here\u2019s a look at all 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 | 4689JP<\/td>\n | Z HOLDINGS<\/td>\n | 1,412,188<\/td>\n<\/tr>\n |
ARKF<\/td>\n | PINS<\/td>\n | PINTEREST<\/td>\n | 488<\/td>\n<\/tr>\n |
ARKF<\/td>\n | Z<\/td>\n | ZILLOW<\/td>\n | 137,214<\/td>\n<\/tr>\n |
ARKG<\/td>\n | TAK<\/td>\n | TAKEDA PHARMACEUTICAL<\/td>\n | 44,800<\/td>\n<\/tr>\n |
ARKK<\/td>\n | Z<\/td>\n | ZILLOW<\/td>\n | 31,361<\/td>\n<\/tr>\n |
ARKK<\/td>\n | U<\/td>\n | UNITY SOFTWARE<\/td>\n | 159,652<\/td>\n<\/tr>\n |
ARKK<\/td>\n | COIN<\/td>\n | COINBASE GLOBAL<\/td>\n | 92,395<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | U<\/td>\n | UNITY SOFTWARE<\/td>\n | 24,700<\/td>\n<\/tr>\n |
ARKW<\/td>\n | SPOT<\/td>\n | SPOTIFY TECHNOLOGY<\/td>\n | 40,459<\/td>\n<\/tr>\n |
ARKW<\/td>\n | Z<\/td>\n | ZILLOW<\/td>\n | 71,156<\/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 \t\t\t<\/p>\n \t\t\t\tALSO READ: Health Care Stocks Cheapest in 30 Years: 5 With Big Dividends to Buy Now \t\t\t\t |