Cathie Wood’s ARK Invest Sells Over 550,000 Shares of Pure Storage

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 550,000 shares of Pure Storage Inc. (NYSE: PSTG) on Wednesday, as the share price of this fund traded down nearly 2% in the day’s session. The fund’s share price has greatly improved over the past year.

ARK Innovation ETF (NYSEARCA: ARKK) sold 558,825 shares of Pure Storage. At Wednesday’s closing price, this would have valued this sale is roughly $10.7 million. This is only a small fraction of the fund’s total holdings. This fund is up 60% over the past 52 weeks.

Here is a quick look at all the other sales that took place across all ARK ETFs:

ARKGPSTIPluristem Therapeutics1,197
ARKGCSTLCastle Biosciences20,378
ARKGBMYBristol-Myers Squibb69,853
ARKGTXG10X Gemomics89,450
ARKKTCEHYTencent Holdings328,750
ARKKPSTGPure Storage558,825
ARKKIOVAIovance Biotherapeutics220,401
ARKKICEIntercontinental Exchange74,089
ARKKBEKEKE Holdings444,483
ARKQRAVNRaven Industries157,635
ARKWBEKEKE Holdings291,767
ARKXRAVNRaven Industries54,049

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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