Cathie Wood’s ARK Invest Sells Over 60,000 Shares of Square

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Wednesday. This fund parted with over 60,000 shares of Square Inc. (NASDAQ: SQ), as the price of this ETF gained about 2.6% in Wednesday’s session. Note that this fund is still up significantly in the last year.

Specifically, ARK Innovation ETF (NYSEARCA: ARKK) sold 63,507 shares of Square. At Wednesday’s closing price, this would have valued this sale at roughly $16.9 million. Even though this is a small fraction of the total holdings, every little bit counts. The fund is up 49% in the past year.

Check out all of ARK Invest’s sales for Wednesday as well:

FundTickerCompanyShares
ARKGTWSTTwist Bioscience71,425
ARKGSEERSeer91,963
ARKGRHHBYRoche203,313
ARKGREGNRegeneron Pharmaceuticals51,706
ARKGPSTIPluristem Therapeutics1,100
ARKGNVSNovartis133,173
ARKGMCRBSeres Therapeutics392,172
ARKGCLLSCellectis23,399
ARKKNTDOYNintendo40,654
ARKKSHOPShopify3,000
ARKKSQSquare63,507
ARKKTXG10X Genomics65,063
ARKKDOCUDocusign39,780
ARKQJDJD.Com296,997
ARKQBYDDYBYD25,287
ARKQPCARPaccar95
ARKQTCEHYTencent150
ARKWSESea19,744
ARKWTSLATesla8,100
ARKWTTDTrade Desk66,907

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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