Markets continued their rally with the S&P 500 and Dow Jones hitting record highs in Tuesday’s session. Despite this move up, ARK Funds were somewhat left in the dust after Monday’s massive move. ARKG performed the best out of the group, down 0.3% on the day, while ARKF did the worst, down 1.0%. The gains from past year are slowly sliding away, but Cathie Wood may have something up her sleeve, as she is constantly reshuffling her ETFs to stand up to market headwinds.
ARK Invest has been the talk of Wall Street over the past couple of years, outperforming the market and solidifying its place among the big players in the investments world. Wood is the founder and head of this investment house, and many have compared her rising star to the likes of Warren Buffett.
Many traders are looking to mirror the plays of famous investors and huge brokerage firms to capitalize on the gains that the big dogs are making. Lucky for us, ARK Invest releases a list of its trades at the end of each trading day.
While some companies would require a subscription service or monetary fee to see what makes ARK Invest tick, here at 24/7 Wall St. we would rather give you the data for free. Here is a quick look at some of the major sales that ARK Invest executed on October 26, 2021. Also check out all the ARK Invest purchases that took place that same day.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $4.0 billion. Here are a few notable sales in this fund: 160,115 shares of Pinterest & 64,534 shares of Sea.
ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $9.7 billion. Here are the notable sales in this fund: 81,645 shares of Veeva Systems.
ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $25.5 billion. Here are some notable sales in this fund: 5,700 shares of Proto Labs & 71,287 shares of Coinbase.
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $3.1 billion. Here is the one sale of note in this fund: 20,600 shares of Tesla.
ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $6.4 billion. Here is the one notable sale in this fund: 5,815 shares of Tesla, 50,603 shares of Unity Software & 16,796 shares of Coinbase.
Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $63.3 million. The sale worth noting in this fund: 18,272 shares of Unity Software.
Check out all the sales here:
FUND | Direction | Ticker | Name | Shares |
---|---|---|---|---|
ARKF | Sell | PINS | PINTEREST INC | 160,115 |
ARKF | Sell | SE | SEA LTD | 64,534 |
ARKG | Sell | VEEV | VEEVA SYSTEMS INC | 81,645 |
ARKK | Sell | TSLA | TESLA INC | 101,200 |
ARKK | Sell | PRLB | PROTO LABS INC | 5,700 |
ARKK | Sell | COIN | COINBASE GLOBAL INC | 71,287 |
ARKQ | Sell | TSLA | TESLA INC | 20,600 |
ARKW | Sell | TSLA | TESLA INC | 5,815 |
ARKW | Sell | COIN | COINBASE GLOBAL INC | 16,796 |
ARKW | Sell | U | UNITY SOFTWARE INC | 50,603 |
ARKX | Sell | U | UNITY SOFTWARE INC | 18,272 |
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.
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