{"id":144398,"date":"2021-11-11T14:09:37","date_gmt":"2021-11-11T14:09:37","guid":{"rendered":"https:\/\/precoinnews.com\/?p=144398"},"modified":"2021-11-11T14:09:37","modified_gmt":"2021-11-11T14:09:37","slug":"cathie-woods-ark-invest-sells-over-140000-more-shares-of-pfizer","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-sells-over-140000-more-shares-of-pfizer\/","title":{"rendered":"Cathie Wood’s ARK Invest Sells Over 140,000 More Shares of Pfizer"},"content":{"rendered":"
A day after one ARK Invest exchange-traded fund run by ETF star Cathie Wood parted with more than $11 million worth of Pfizer Inc. (NYSE: PFE) shares, that fund was back at it on Wednesday. Specifically, it\u00a0sold over 140,000 more shares, as the price of this ETF pulled back over 4% in the day\u2019s session. However, it is up a fair amount in the past year.<\/p>\n
It was ARK Genomic Revolution ETF (NYSEARCA: ARKG) that shed 140,713 shares of Pfizer. At Wednesday\u2019s closing price, this would have valued this sale at roughly $6.9 million. This is only a small fraction of the total holdings. The fund is up about 7% over the past 52 weeks.<\/p>\n
Check out all the ARK Invest sales for Wednesday:<\/p>\n
Fund<\/th>\n | Ticker<\/th>\n | Name<\/th>\n | Shares<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
ARKG<\/td>\n | CLLS<\/td>\n | CELLECTIS<\/td>\n | 8,300<\/td>\n<\/tr>\n |
ARKG<\/td>\n | PFE<\/td>\n | PFIZER<\/td>\n | 140,713<\/td>\n<\/tr>\n |
ARKG<\/td>\n | REGN<\/td>\n | REGENERON PHARMACEUTICALS<\/td>\n | 11,602<\/td>\n<\/tr>\n |
ARKK<\/td>\n | U<\/td>\n | UNITY SOFTWARE<\/td>\n | 113,490<\/td>\n<\/tr>\n |
ARKQ<\/td>\n | U<\/td>\n | UNITY SOFTWARE<\/td>\n | 15,700<\/td>\n<\/tr>\n |
ARKW<\/td>\n | U<\/td>\n | UNITY SOFTWARE<\/td>\n | 28,889<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Catherine Wood, the CEO and CIO of ARK Investment Management, is a minority and nonvoting shareholder of 24\/7 Wall St., owner of 247wallst.com.<\/p>\n \t\t\t<\/p>\n \t\t\t\tALSO READ: Goldman Sachs Out With 10 Top Macro and Stock Market Themes for 2022 \t\t\t\t |