{"id":145701,"date":"2021-11-24T16:30:31","date_gmt":"2021-11-24T16:30:31","guid":{"rendered":"https:\/\/precoinnews.com\/?p=145701"},"modified":"2021-11-24T16:30:31","modified_gmt":"2021-11-24T16:30:31","slug":"cathie-woods-ark-invest-dumps-roughly-156-million-worth-of-tesla-stock","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-dumps-roughly-156-million-worth-of-tesla-stock\/","title":{"rendered":"Cathie Wood’s ARK Invest Dumps Roughly $156 Million Worth of Tesla Stock"},"content":{"rendered":"

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood made huge sales on Tuesday. Specifically, these ETFs sold roughly $156 million worth of Tesla Inc. (NASDAQ: TSLA) altogether, as the prices of these funds were down less than 1% on the day. Note though that they are up a fair amount in the past year.<\/p>\n

ARK Innovation ETF (NYSEARCA: ARKK) sold 121,044 shares of Tesla, and ARK Next Generation Internet ETF (NYSEARCA: ARKW) parted with 20,058 shares. At Tuesday\u2019s closing price, this would have valued the sales at roughly $156.5 million altogether. Even though this is a small fraction of their total holdings, every little bit counts. The innovation funds is flat in the past year, and the other is up over 10%.<\/p>\n

Check out all the ARK Invest sales for Tuesday as well:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Fund<\/th>\nTicker<\/th>\nName<\/th>\nShares<\/th>\n<\/tr>\n<\/thead>\n
ARKF<\/td>\nPAGS<\/td>\nPAGSEGURO DIGITAL<\/td>\n504,183<\/td>\n<\/tr>\n
ARKF<\/td>\nOPEN<\/td>\nOPENDOOR TECHNOLOGIES<\/td>\n166,324<\/td>\n<\/tr>\n
ARKF<\/td>\nFTCH<\/td>\nFARFETCH<\/td>\n168,555<\/td>\n<\/tr>\n
ARKF<\/td>\nFB<\/td>\nFACEBOOK<\/td>\n43,188<\/td>\n<\/tr>\n
ARKG<\/td>\nCSTL<\/td>\nCASTLE BIOSCIENCES<\/td>\n67,491<\/td>\n<\/tr>\n
ARKG<\/td>\nINCY<\/td>\nINCYTE<\/td>\n150,827<\/td>\n<\/tr>\n
ARKG<\/td>\nVRTX<\/td>\nVERTEX PHARMACEUTICALS<\/td>\n123,956<\/td>\n<\/tr>\n
ARKK<\/td>\nTSLA<\/td>\nTESLA<\/td>\n121,011<\/td>\n<\/tr>\n
ARKQ<\/td>\nLMT<\/td>\nLOCKHEED MARTIN<\/td>\n19,256<\/td>\n<\/tr>\n
ARKW<\/td>\nTSLA<\/td>\nTESLA<\/td>\n20,058<\/td>\n<\/tr>\n
ARKW<\/td>\nFTCH<\/td>\nFARFETCH<\/td>\n191,947<\/td>\n<\/tr>\n
ARKX<\/td>\nHOFP<\/td>\nTHALES<\/td>\n12,044<\/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

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Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A couple of ARK Invest exchange-traded funds<\/p>\n","protected":false},"author":3,"featured_media":145700,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nCathie Wood’s ARK Invest Dumps Roughly $156 Million Worth of Tesla Stock - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-dumps-roughly-156-million-worth-of-tesla-stock\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cathie Wood’s ARK Invest Dumps Roughly $156 Million Worth of Tesla Stock - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"A couple of ARK Invest exchange-traded funds\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-dumps-roughly-156-million-worth-of-tesla-stock\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-24T16:30:31+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/11\/Cathie-Woods-ARK-Invest-Dumps-Roughly-156-Million-Worth-of-Tesla-Stock.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-dumps-roughly-156-million-worth-of-tesla-stock\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/cathie-woods-ark-invest-dumps-roughly-156-million-worth-of-tesla-stock\/\",\"name\":\"Cathie Wood’s ARK Invest Dumps Roughly $156 Million Worth of Tesla Stock - 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