{"id":131585,"date":"2021-07-08T14:58:18","date_gmt":"2021-07-08T14:58:18","guid":{"rendered":"https:\/\/precoinnews.com\/?p=131585"},"modified":"2021-07-08T14:58:18","modified_gmt":"2021-07-08T14:58:18","slug":"cathie-woods-ark-invest-sells-over-550000-shares-of-pure-storage","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-sells-over-550000-shares-of-pure-storage\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells Over 550,000 Shares of Pure Storage"},"content":{"rendered":"
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\u2019s session. The fund\u2019s share price has greatly improved over the past year.<\/p>\n
ARK Innovation ETF (NYSEARCA: ARKK) sold 558,825 shares of Pure Storage. At Wednesday\u2019s closing price, this would have valued this sale is roughly $10.7 million. This is only a small fraction of the fund\u2019s total holdings. This fund is up 60% over the past 52 weeks.<\/p>\n
Here is a quick look at all the other sales that took place across all ARK ETFs:<\/p>\n
Fund<\/th>\n | Ticker<\/th>\n | Company<\/th>\n | Shares<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
ARKF<\/td>\n | SE<\/td>\n | Sea<\/td>\n | 54,753<\/td>\n<\/tr>\n |
ARKG<\/td>\n | PSTI<\/td>\n | Pluristem Therapeutics<\/td>\n | 1,197<\/td>\n<\/tr>\n |
ARKG<\/td>\n | CSTL<\/td>\n | Castle Biosciences<\/td>\n | 20,378<\/td>\n<\/tr>\n |
ARKG<\/td>\n | CDNA<\/td>\n | CareDx<\/td>\n | 7,500<\/td>\n<\/tr>\n |
ARKG<\/td>\n | BMY<\/td>\n | Bristol-Myers Squibb<\/td>\n | 69,853<\/td>\n<\/tr>\n |
ARKG<\/td>\n | TXG<\/td>\n | 10X Gemomics<\/td>\n | 89,450<\/td>\n<\/tr>\n |
ARKK<\/td>\n | TCEHY<\/td>\n | Tencent Holdings<\/td>\n | 328,750<\/td>\n<\/tr>\n |
ARKK<\/td>\n | ROKU<\/td>\n | Roku<\/td>\n | 127,700<\/td>\n<\/tr>\n |
ARKK<\/td>\n | PSTG<\/td>\n | Pure Storage<\/td>\n | 558,825<\/td>\n<\/tr>\n |
ARKK<\/td>\n | NVS<\/td>\n | Novartis<\/td>\n | 131,960<\/td>\n<\/tr>\n |
ARKK<\/td>\n | IOVA<\/td>\n | Iovance Biotherapeutics<\/td>\n | 220,401<\/td>\n<\/tr>\n |
ARKK<\/td>\n | ICE<\/td>\n | Intercontinental Exchange<\/td>\n | 74,089<\/td>\n<\/tr>\n |
ARKK<\/td>\n | BEKE<\/td>\n | KE Holdings<\/td>\n | 444,483<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | RAVN<\/td>\n | Raven Industries<\/td>\n | 157,635<\/td>\n<\/tr>\n |
ARKW<\/td>\n | HUYA<\/td>\n | Huya<\/td>\n | 81,952<\/td>\n<\/tr>\n |
ARKW<\/td>\n | LC<\/td>\n | LendingClub<\/td>\n | 73,000<\/td>\n<\/tr>\n |
ARKW<\/td>\n | ROKU<\/td>\n | Roku<\/td>\n | 28,405<\/td>\n<\/tr>\n |
ARKW<\/td>\n | BEKE<\/td>\n | KE Holdings<\/td>\n | 291,767<\/td>\n<\/tr>\n |
ARKX<\/td>\n | RAVN<\/td>\n | Raven Industries<\/td>\n | 54,049<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n \nCatherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24\/7 Wall St.<\/em><\/p>\n \t\t\t<\/p>\n \t\t\t\tALSO READ: 5 Blue Chip Stocks to Buy With Huge Dividends as Interest Rates Plunge \t\t\t\t |