{"id":136615,"date":"2021-08-24T13:36:19","date_gmt":"2021-08-24T13:36:19","guid":{"rendered":"https:\/\/precoinnews.com\/?p=136615"},"modified":"2021-08-24T13:36:19","modified_gmt":"2021-08-24T13:36:19","slug":"cathie-woods-ark-invest-sells-nearly-30-million-worth-of-alphabet","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-sells-nearly-30-million-worth-of-alphabet\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells Nearly $30 Million Worth of Alphabet"},"content":{"rendered":"
A couple ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 10,000 shares of Alphabet Inc. (NASDAQ: GOOG) on Monday, as the share price of these funds traded up around 2% in the day\u2019s session. The share prices of these funds have greatly improved over the past year.<\/p>\n
ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) sold 9,464 shares of Alphabet and ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) sold 1,036 shares. At Monday\u2019s closing prices, this would have valued these sales at roughly $29.6 million altogether. This is only a small fraction of the total holdings. While the robotics ETF is up 46% over the past 52 weeks, the space exploration ETF is relatively flat on the year.<\/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 | Name<\/th>\n | Shares<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
ARKG<\/td>\n | RHHBY<\/td>\n | ROCHE<\/td>\n | 255342<\/td>\n<\/tr>\n |
ARKG<\/td>\n | SEER<\/td>\n | SEER INC<\/td>\n | 117358<\/td>\n<\/tr>\n |
ARKG<\/td>\n | PSTI<\/td>\n | PLURISTEM THERAPEUTICS<\/td>\n | 12848<\/td>\n<\/tr>\n |
ARKK<\/td>\n | PRLB<\/td>\n | PROTO LABS<\/td>\n | 54165<\/td>\n<\/tr>\n |
ARKK<\/td>\n | NTDOY<\/td>\n | NINTENDO<\/td>\n | 91000<\/td>\n<\/tr>\n |
ARKK<\/td>\n | MCRB<\/td>\n | SERES THERAPEUTICS<\/td>\n | 184949<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | GOOG<\/td>\n | ALPHABET<\/td>\n | 9464<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | TDY<\/td>\n | TELEDYNE TECHNOLOGIES<\/td>\n | 8605<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | XONE<\/td>\n | EXONE<\/td>\n | 104600<\/td>\n<\/tr>\n |
ARKW<\/td>\n | MELI<\/td>\n | MERCADOLIBRE<\/td>\n | 7961<\/td>\n<\/tr>\n |
ARKX<\/td>\n | BABA<\/td>\n | ALIBABA GROUP<\/td>\n | 16621<\/td>\n<\/tr>\n |
ARKX<\/td>\n | GOOG<\/td>\n | ALPHABET<\/td>\n | 1036<\/td>\n<\/tr>\n |
ARKX<\/td>\n | GRMN<\/td>\n | GARMIN<\/td>\n | 5238<\/td>\n<\/tr>\n |
ARKX<\/td>\n | SNPS<\/td>\n | SYNOPSYS<\/td>\n | 5580<\/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: Goldman Sachs Boosts Price Targets on 4 Strong Buy-Rated Stocks \t\t\t\t |