One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 280,000 shares of Twitter Inc. (NYSE: TWTR) shares on Wednesday, as the price of this ETF was relatively flat in Wednesday’s session. The fund is still up significantly in the past year.
ARK Innovation ETF (NYSEARCA: ARKK) sold 280,031 shares of Twitter. At Wednesday’s closing price, this would have valued this sale at roughly $18.3 million. This is only a small fraction of the total holdings. The fund is up 51% over the past 52 weeks.
Here are all the sales across ARK Invest funds on Wednesday:
|ARKG||TAK||TAKEDA PHARMACEUTICAL CO LTD||189,804|
|ARKG||REGN||REGENERON PHARMACEUTICALS INC||13,326|
|ARKG||PSTI||PLURISTEM THERAPEUTICS INC||45,155|
|ARKG||PSTG||PURE STORAGE INC||131,501|
|ARKK||NTDOY||NINTENDO CO LTD||88,300|
|ARKK||MCRB||SERES THERAPEUTICS INC||187,418|
Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24/7 Wall St.
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